Top Article: Money For Nothing Nov 5, 2009
Money For Nothing - Edit Page - Opinion - Home - The Times of India. Tushaar Shah5 November 2009, 12:01am IST. (India Times, India)
Media Advisory - CAW Members Ratify Restructuring Deal with General Motors May 26, 2009
The deal includes cost-saving provisions affecting cash compensation, health benefits, other non-wage benefits, work practices and productivity improvements as well as a comprehensive restructuring of the company's pension plan. CAW Local 222 President and CAW-GM Master Bargaining Committee Chairperson Chris Buckley said the restructuring deal will help secure the company's financial footing in Canada and protect thousands of Canadian jobs in the face of a possible bankruptcy protection filing. (PR Newswire)
Media Advisory - CAW Reaches Tentative Settlement with GM May 23, 2009
The agreement includes a series of cost-saving provisions affecting cash compensation, health benefits, other non-wage benefits, and work practices and productivity improvements. The company and the union have agreed that the changes will reduce all-in labour costs to a level comparable to those paid at Toyota Canada. (PR Newswire)
Recession can break hearts, say docs Apr 12, 2009
In the study, carried out on 4,301 individuals out of whom 582 had lost their jobs, researchers observed that job loss was associated with a range of stressful outcomes, including loss of pay and non-wage benefits, limited access to medical care and work-based social support, which in turn increase the risk factor for their hearts. "Though the situation is not as worse in India as in the west, the financial hardship due to economy downturn can lead to very severe stress, which can directly... (India Times, India)
Canadian Auto Workers Agree to Freeze Wages at GM, Extend Contract to 2012 Mar 9, 2009
Workers and pensioners under 65 will pay a C$30 monthly co-pay premium for health and non-wage benefits, and those over 65 will incur C$15 a month. Vote This Week. (Bloomberg -- Canada)
