Author: The Oracle
Date: 09-19-2022 - 10:49
Just out of curiosity.
The proposed new contract has a 24% raise over 5 years. The last contract expired 3 years? ago.
Will the employees receive back pay based on the raise put forth for the first year of the new contract? Will the retro-active back pay be paid out in a lump sum payment and how long after ratification would the payment be made?
Finally, not being specific, what would be a ballpark figure of the amount of back pay one might receive, if they had enough years in to retire as soon as the back pay were put forth?