Thu, Mar 5, 2015, 11:03 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Oshkosh Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • onedge953 onedge953 Sep 27, 2011 6:39 PM Flag

    Stike?

    Written by
    Patricia Wolff
    of The NorthwesternFiled Under
    Local News


    Negotiations break down between union, Oshkosh Corporation over health insurance cost
    Oshkosh Corp. Workers Walk Picket Line
    OSHKOSH – Members of the United Auto Workers Local 578 made substantial concessions during labor contract negotiations Tuesday morning with Oshkosh Corporation officials, but the two sides did not reach an agreement on a new contract.

    The current five-year labor contract for the more than 3,000 employees expires at midnight Friday.


    “We backed off on a lot of stuff,” said Nick Nitschke, union president. “Now, it’s up to the company.”


    Nitschke declined to give details of the concessions made by the union.


    John Daggett, vice president of negotiations for Oshkosh Corporation, said the company had proposed language changes in the recent talks, but the financial package offered by the company remains the same.


    The company’s offer includes a lump sum $2,000 annual wage increase in addition to an 8 percent salary increase over the course of the five years. Under the proposal from the company, health insurance costs would increase for employees from the current $70 per month for a family plan to $280 per month in the final year.

 
OSK
47.44+0.19(+0.40%)Mar 5 4:06 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Geron Corporation
NASDAQThu, Mar 5, 2015 4:00 PM EST
Orexigen Therapeutics, Inc.
NASDAQThu, Mar 5, 2015 4:00 PM EST
Orbital ATK, Inc.
NYSEThu, Mar 5, 2015 4:02 PM EST