City Market, employee union reach a one-year collective bargaining agreement

first_imgSource: Onion River Co-op. Burlington, VT—July 14, 2009— Onion River Co-op Board of Directors announced the ratification of a one-year labor contract between the Co-op and the United Electrical, Radio and Machine Workers Union representing the Co-op’s hourly employees.Through thoughtful and diligent negotiations, the Co-op was able to maintain fully paid single medical coverage for all full-time employees which affect the majority of City Market employees. For part-time employees, 65% of the single medical premium is paid. The Co-op medical benefits exceed those offered by competitors and other area employers according to the 2008 Hickok & Boardman benefits survey. The Co-op also plans to provide a three percent wage increase to employees and profit sharing based on quarterly sales growth.“I would like to acknowledge the fine work by the Co-op staff in continuing to control costs,” said Clem Nilan, Co-op General Manager. “It’s the combination of sales and cost control that provides the wherewithal to maintain health benefits and provide pay increases… when other businesses are seeing layoffs and cuts in benefits.”In addition to healthcare, a wage increase and profit sharing, the Co-op also offers generous paid time off, a six percent match (dollar for dollar) 401 (k) plan after one year of employment, store discounts, and much more.“City Market continues to demonstrate its commitment to the wellbeing of our employees by exercising financial prudence, while at the same time providing access to a comprehensive benefits plan,” said Nilan. “This recent contract renewal reaffirms our commitment to our employees and to the community.”The new Profit Sharing plan proposed by Co-op management will provide employees with a share in enhanced earnings if sales growth exceeds projections. For more information on employment and a detailed list of employment benefits at City Market visit www.CityMarket.coop(link is external).About City Market/Onion River Co-opThe Onion River Co-op is a consumer cooperative grocery store, with over 4000 members, selling wholesome food and other products while building a vibrant and healthy community, all in a sustainable manner. Over 60 cents out of every dollar spent at City Market stays in the Vermont economy. Located in beautiful downtown Burlington, City Market provides the area’s largest selection of local, natural and conventional foods, and over 1,700 Vermont-made products. City Market also features over 140 green products from cleaning solutions to canvas shopping bags. Visit City Market/Onion River Co-op online at www.CityMarket.coop(link is external) or call 802-861-9700.last_img