Residential building workers reach tentative agreement for new contract days, halting strike | amNewYork
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Residential building workers reach tentative agreement for new contract days, halting strike | amNewYork
"We are proud to have reached a fair agreement that supports both the industry and its valued workers. This is one of the largest agreements in New York City, and it's an honor to be part of this."
"Highlights of the new agreement include increases in wages and pension benefits, a training pathway for new employees, enhanced awareness of legal assistance in immigration situations, and continued healthcare for building service workers."
"Over the four-year agreement, the weighted average annual wage increase equals 3.48%, which will bring the total wage for a typical employee to more than $71,000 by the end of the contract."
A tentative labor agreement has been reached between the Realty Advisory Board on Labor Relations and 32BJ SEIU for over 33,000 residential building service workers in NYC. The agreement addresses economic challenges in the real estate sector, including stagnant rent increases and rising operating costs. Key highlights include wage increases averaging 3.48% annually, enhanced pension benefits, training pathways for new employees, legal assistance awareness, and continued healthcare coverage. This contract is significant for workers, building owners, and the 1.5 million residents in 32BJ buildings.
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