The tentative SAG-AFTRA commercials contract contains a 7% hike in minimum wage rates and a 1.2% increase in employer contributions to the health and retirements funds.
The union, which will send out the three-year proposed deal to the 160,000 eligible members within the next few weeks, posted the contents of the tentative deal on its website on Wednesday without comment.
The SAG-AFTRA national board approved the deal unanimously on Sunday, triggering the ratification vote. Wednesday’s post on its website was the first disclosure of any details about the agreement.
The tentative agreement was reached on April 3. The contract covers about $1 billion in annual wages for performers.
The health and retirement contributions will be made to the separate SAG and AFTRA plans and total 18% of compensation. SAG-AFTRA leaders have been unable to persuade the funds — which are operated separately from the union with an equal number of reps from the union and the employers — to combine them, despite promising that merging SAG and AFTRA more than four years ago would enable the plans to merge.
SAG-AFTRA president Gabrielle Carteris said on April 3, “The tentative agreement delivers essential gains while properly positioning us for future growth in digital and social media. As content evolves, we are poised to grow work opportunities that support members and their families.”
The tentative deal includes a 2% increase in residuals paid for national network broadcast commercials, also known as Class A; a 6% increase in national cable residuals; and increases in residuals for Internet commercials and commercials on cell phones.
The deal appears to contain a concession that television commercials can be concurrently streamed on the internet or cell phones without additional compensation.