YP Southeast Publishing and Advertising - Tentative Agreement - Highlights

The Union & Company have agreed on a new 3 year contract. Highlights of the agreement are below. More detailed info regarding the Contract will be posted on this website next week.

CWA DISTRICT 3/YP 2012 BARGAINING HIGHLIGHTS

• 3 year contract
• Added Seniority Date language to honor BellSouth and AT&T service
• Wages: 2.5% increase (retroactive to contract expiration) for each of the 3 years for non-sales employees
• Maintained 3 days off during Christmas & New Years for life of contract if ratified by 9/28/12
• $300 ratification bonus if ratified by 9/28/12
• Company funded HSAs each year of contract ($600 individual and $1200 family)
• Health care monthly premiums:
  • Individual 2013 $38, 2014 $85, 2015 $119
  • Family – 2013 $102, 2014 $175, 2015 $199
• Company pension contributions will cease as of 11/1/2012
• Obtained ability for active employees to roll-over cash balance pension balances into a self-directed qualified plan
• Effective 9/1/12, employees not currently retirement eligible shall cease to become eligible for post retirement health care
• Added Starting Rate language to adjust wage credit for BellSouth and AT&T service
• Added language to insure the Union is informed of reason for denial of flex-time
• Added language to insure the Union and Company discuss market related changes prior to implementing
• “Grandfathered” current employees on current payment schedules for surplus or termination
• Expanded cell phone allowance eligibility to use of non-AT&T carriers
• Eliminated gates and rates sales comp plan for MAR, DASR & DTSR
• Added “As Earned Commissions” for MAR, DASR & New Media reps and eliminated non-pay chargebacks for those titles in the process. “As Earned Commissions” consist of billing milestone dates to pay commissions
• Enhanced commission plan which pays significant increases on account by account basis based on BOTS/NISD%
• Uncapped quarterly commissions component – achievable even w/ negative results
• Pays significantly more for renewal (i.e. 32% for DASR, 16% for MAR, 22% for DTSR)
• Accelerated transition from current rates and gates plan
• Transition pay plan increases base salary for 10 months ($10,100 total) for “As Earned Commission” titles (MAR, DASR & New Media)
• $10 retention reward for DTSR sales on accounts with BOTS that retire with any NISD. DTSR’s handle an average of 400 accounts per year ($4k possible income)
• Added commission rate for renewal and increase to advertiser for New Media reps
• Preserved commitment to Continuity of Contact language
• Added Opt-out commission provision to reduce chargebacks on opt-out sales
• Added debit protection to insure reps get some commissions on every check
• Gained guarantee that the Company will pay 90% of Quarterly Commission & incentive target per channel (DASR, MAR & DTSR)
• Eliminated INET Adjustment to BOTS letter
• Maintained Force Adjustments by seniority rather than by performance
• Maintained 401(k) match
• Maintained current vacation levels
• Obtained enhanced benefits for non-sales employee displaced by movement of work