Thursday, March 02, 2006

News from the Ministry, and AK Steel's CEO pockets 2.3 million dollars while locking out workers...

If you happen to be near South Jersey this saturday, support the Stepan workers and show Zappy some love:

RALLY
For locked-out Stepan workers
When: Saturday, March 4th, 2:00pmWhere: Outside Stepan plant, 2 Fourth Street, Fieldsboro, NJ.
Why: Stepan Company employees, members of UE Local 155, have been illegally locked-out since Jan 24th. Since workers there organized a union, this very profitable company has demanded a wage freeze and other give-backs. Federal and state officials are now investigating numerous possible legal violations.

Check out the Ministry if you need directions.
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As i try to always give labor struggles a boost, found this on Marc McDonald's site:

AK Steel (which reported 2005 revenues of more than $5.7 billion) has once again locked out 2,700 union workers at its Middletown Works plant in Ohio, after their contract expired.

The company has been trying to reduce the workforce at the plant. It also aims to freeze the workers' existing pension plan and force workers to pick up a greater share of health-care costs, among other demands, according to ABC News.

However, there's one person who doesn't appear to have shared in the pain: AK Steel's CEO James L. Wainscott

According to Salary.com, Wainscott pocketed compensation of $2,292,172 for the fiscal year that ended in 2004. Other top executives don't seem to be doing too shabby either.

Check out beggarscanbechoosers for more.

1 Comments:

Blogger Ram-O said...

Jesus, looks like lockouts are the new black for scumbag employers.

12:10 AM  

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