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CWA Blasts Bonus Plan for US Airways Management
CWA is protesting the plan by US Airways' management to spend as much as $55 million in bonuses and compensation improvements for managers and executives.
More than 2,300 employees signed a petition that was presented to Judge Stephen Mitchell who is overseeing US Airways' bankruptcy motions. CWA also has filed legal objections to the plan with the bankruptcy court.
CWA-represented passenger service agents and other US Airways employees are clear: employees will not subsidize this management bonus plan while union-represented workers have given up more than $2 billion in wages and benefits in three rounds of concessions, CWA said.
Worse still, management has not met its pledge to cut $300 million in non-employee expenses and now wants to spend an additional $50 million on bonuses and other management perks that was not included in the original transformation plan, CWA said.
More than 2,300 employees signed a petition that was presented to Judge Stephen Mitchell who is overseeing US Airways' bankruptcy motions. CWA also has filed legal objections to the plan with the bankruptcy court.
CWA-represented passenger service agents and other US Airways employees are clear: employees will not subsidize this management bonus plan while union-represented workers have given up more than $2 billion in wages and benefits in three rounds of concessions, CWA said.
Worse still, management has not met its pledge to cut $300 million in non-employee expenses and now wants to spend an additional $50 million on bonuses and other management perks that was not included in the original transformation plan, CWA said.