CWA contract ratification voting early results YES, positive for VZ stock
Any help they're getting from the members having to pay into medical is a plus, also VZ switched them to cheaper plans also saving money. The big $ winner in the contract is the sick day policy. Per VZ managers during the strike last year, the daily average % of workforce out on a daily basis for sick during the FMLA era was between 12-18%, so they overstaffed by 10-15% for YEARS. Now that members won't get paid for sick days above the new allotment they can reduce staff via attrition by 10-15% in the call centers. Another plus for the bottom line.