Apple and Union Reach Historic Labor Deal for US Workers in Maryland Store
Apple and the union representing retail workers at its store in Towson, Maryland, agreed to a tentative labor deal that would be Apple's first US labor contract. The deal still needs to be ratified by over 80 rank-and-file members at the Towson store before taking effect. The labor deal includes scheduling improvements for a better work-life balance, pay increases of 10% over three years, and job protections like severance packages and limits on contract employees. Only one other Apple store in Oklahoma City has voted to unionize, represented by Communications Workers of America. Apple has around 270 stores in the US, and this deal would be a milestone as the first labor contract for any US Apple workers.
Category
🗞
NewsTranscript
00:00It's Benzinga, and here's what's on the block.
00:03Apple and the union representing retail workers at its store in Towson, Maryland, agreed to
00:07a tentative labor deal that would be Apple's first U.S. labor contract.
00:11The deal still needs to be ratified by over 80 rank-and-file members at the Towson store
00:15before taking effect.
00:17The labor deal includes scheduling improvements for a better work-life balance, pay increases
00:22of 10 percent over three years, and job protections like severance packages and limits on contract
00:27employees.
00:28Only one other Apple store in Oklahoma City has voted to unionize, represented by Communications
00:33Workers of America.
00:35Apple has around 270 stores in the U.S., and this deal would be a milestone as the first
00:40labor contract for any U.S. Apple workers.
00:42For all things money, visit Benzinga.com.