Hawaiian Telcom union employees ratify 5-year CBA
Jan 02, 2013 (TELECOMWORLDWIRE via COMTEX) --
Hawaiian Telcom Holdco, Inc. (NASDAQ: HCOM) said the union-represented employees of its Hawaiian Telcom, Inc. subsidiary have voted to ratify a five-year collective bargaining agreement that will be in effect from January 1, 2013 through December 31, 2017.
On December 14, company and Union leadership jointly announced to employees the achievement of an agreement. Union leaders then met with members statewide to discuss the agreement, and a ratification vote was conducted by mail over the past two weeks.
Throughout the new five-year CBA, annual wage increases, a 401(k) matching program, and a fixed-percentage employee contribution to health insurance premiums are provided.
Hawaiian Telcom Holdco, headquartered in Honolulu, is Hawaii's provider of integrated communications solutions for business and residential customers. With roots in Hawaii beginning in 1883, the company offers a full range of services including voice, video, Internet, data, wireless, and advanced communication and network services supported by the reach and reliability of its network and Hawaii's only 24/7 state-of-the-art network operations centre. For more information, visit www.hawaiiantel.com.
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