To that end, we have worked to advance the date of the resumption of negotiations. We will now meet with the company on August 4. We will continue to insist that a treaty be ratified by our members. At this stage, we have not published a 10-day deadline to terminate the current agreement. We believe that our members should be able to continue to work and support their families while continuing to negotiate. GE Union Negotiations Ensuring future success for GE and its employees In June 2019, GE and its national unions will begin negotiations on a new employment contract that will replace the contract expiring on June 23. GE is committed to a fair agreement that continues to ensure employees and the company succeed in today`s increasingly competitive world. «GE welcomes the support given to IUE-CWA, as the new interim agreement provides for adjustments to an already highly competitive set of salaries and benefits, which is unquestionably one of the best in the industry,» GE`s statement said. «We are pleased to have been able to resolve our differences over the structure of the packages.» According to GE, the changes negotiated in the revised agreement include a total increase in cash compensation of US$14,000 over four years, up from US$12,000 previously; $2.80 per hour, up from $1.80 previously, and a 4.9% contribution to health care for 2 to 4 years, up from 5.9% previously. GE said Tuesday that after discussions with the union, a preliminary agreement on a revised labor agreement, which the company said, raised some issues raised by IUE-CWA membership. «GE is always ready to listen to our employees, we have heard them and we have made changes to the proposal that are consistent with our business realities,» the company said in a statement.

«It`s been three months, but I think our members will appreciate the time and effort the negotiating committee has made to develop a contract that meets their needs,» said Dino Driskell, President of IUE-CWA Local 83761.