Leaders of the Intl. Alliance of Theatrical Stage Employees has ratified a three-year successor agreement covering film and TV production outside the Los Angeles and New York regions.
The Area Standards pact, announced Wednesday, covers 8,000 IATSE members. The IATSE and the AMPTP reached a tentative agreement on the deal on Aug. 24 and the agreement was subsequently ratified by the IATSE general executive board.
The new contract, which will run through July 31, 2015, includes 2% annual wage increases and an increase in health plan contributions of $5 per day in each year of the agreement. “The new contract provides stability for the next three years and we are pleased to achieve increases that will protect our members,” said IATSE International President Matt Loeb.
The AMPTP said in a statement, “Feature film and television production has grown throughout the United States in the past several years, emphasizing the importance of the Area Standards Agreement for both IATSE members and the studios. Ratification of this new agreement will enable production to continue while raising wages and improving access to health benefits for crew members and their families.”
The deal’s terms mirror other recent AMPTP pacts for unions with a 2% annual wage increase in minimum rates and gains in employer contributions to the health and pension plans. The IATSE Basic Agreement. That deal, which covers 17 West Coast IATSE locals with about 20,000 members, included $250 million in new employer contributions to the health plan.