IBEW, AT&T iron out three-year contract

In the latest happening in the ongoing saga between AT&T and its union-represented employees, the International Brotherhood of Electrical Workers (IBEW) voted to ratify a three-year labor agreement with the incumbent carrier. The new agreement covers more than 8,000 wireline employees that work for AT&T in Illinois and northwestern Indiana.

Under the terms of the new contract, employees will get a 3 percent salary increase during the first two years of the contract; a 2.75 percent increase in the third year; and 2 percent pension contributions each year. Additionally, AT&T could offer a cost-of-living raise in the third year of the contract. The one wrinkle is that employees will have to continue paying for their health care benefits. However, AT&T will cover 100 percent of preventative health care costs and offer a health care reimbursement to eligible employees.

The union and AT&T have been working to develop a new contract since February. To date, AT&T says it has reached a tentative agreement with approximately 60,000 wireline union employees.

For more:
- Dallas Business Journal has this article
- Xchange also has this coverage

Related articles
AT&T, IBEW reach contract agreement
AT&T, CWA reach tentative contract agreement for legacy wireline employees
CWA, AT&T make headway in contract talks
AT&T West, CWA hammer out three-year agreement

Suggested Articles

Do-it-yourself security systems are causing some shifts in the residential security and monitoring market.

U.K.-based toob has tapped Adtran to help it build a full fiber platform to deliver gigabit speeds to more than 100,000 premises by the end of 2021.

Red Hat on Wednesday announced it has added new developmental tools and automation capabilities to its latest version of OpenShift.