Waste Management of New York and Teamsters Local 813 Reach New Labor Agreement

Aug 02, 2006, 01:00 ET from Waste Management of New York

    NEW YORK, Aug. 2 /PRNewswire/ -- Waste Management of New York and
 Teamsters Local 813 have reached agreement on terms of a new contract for
 115 drivers and helpers serving commercial accounts in New York City and
 Westchester County. The new contract, which will be finalized over the next
 few days, calls for employees to begin contributing toward health care
 benefits at the same rate as other Waste Management employees. The
 settlement ends a 17-week strike by the Teamsters Local 813.
     Waste Management's goal was to reach an agreement that keeps its
 workers among the highest paid in the industry, with strong benefits, while
 preserving its ability to provide competitively-priced commercial
 collection service in New York City. The agreement with Local 813 achieves
 this objective.
     "It's always been our goal to treat all of our employees - including
 the 26 percent of our workforce that is unionized - in a fair and equitable
 manner," Larry O'Donnell, President and COO, told analysts on the company's
 second quarter earnings call June 28. "This includes offering competitive
 wages and benefits, and safe working conditions to each and every employee
 within Waste Management."
     One of Waste Management's key objectives from the outset of
 negotiations nearly a year ago was to work with Local 813 to control
 rapidly increasing costs for medical insurance. Under the agreement between
 the company and the union, employees will begin paying toward the cost of
 health care at the same rate of contribution now made by the company's
 non-union employees under the Waste Management health care plan. Health
 care coverage will continue to be provided by the union's medical plan.
     Waste Management and the union are working on plans to bring employees
 back to work over the next several weeks in a safe and orderly manner.
     Waste Management greatly appreciates the efforts of the Federal
 mediator over several months in bringing both sides to an agreement. The
 company also thanks its drivers, mechanics and route managers from across
 the U.S. who helped ensure no service interruptions during the strike.

SOURCE Waste Management of New York