WGA Okays Accord

East and west coast members of the Writers Guild of America have voted by more than a three to one margin – 2,017 to 698 – to approve a three-year extension of the industry collective-bargaining agreement that would have expired May 1, 1992.

The pact is not a standstill agreement. It boosts minimums 4.5% a year in the final three years, representing an aggregate increase of 14.1% in the three years following the canceled May 1, 1992, expiration date. The 4.5% annual hike also applies to residuals tied to minimums.

Lumped with the 14.7% increase in minimums in the current agreement, the combined jump in minimums through 1995 amounts to 30.9% in the course of the full six-year term of the two pacts.

The principle of interim negotiation – a revolutionary development in collective bargaining – will be furthered by a newly authorized “contract adjustment committee,” empowered to establish a bargaining forum during term of contract, subject to membership ratification of any tentative agreement developed by the panel.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More TV News from Variety

Loading