USPS, clerks union reach accord

The U.S. Postal Service and its largest union, the American Postal Workers Union, agreed on a three-year contract on Dec. 18 through binding arbitration. The union, which represents postal clerks, has been working without a contract for more than a year. The new contract, which covers the period of Nov. 20, 2000, through Nov. 20, 2003, calls for a 4.4% general wage increase over three years, including a 1.2% wage increase retroactive to Nov. 18, 2000; a 1.8% increase retroactive to Nov. 17, 2001; and a 1.4% increase effective Nov. 16, 2002. While the contract allows for a continuation in cost-of-living adjustments, it also provides a cash payment of $499 instead of such payments for the first year.

Partner Content

The Gift of Wow: Preparing your store for the holiday season - Netsuite
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.
Strategies for Maximizing Mobile Point-of-Sale Technology - NetSuite
Learn the top five innovative ways to utilize your mobile POS technology to drive customer engagement, increase sales and elevate your brand.