Business news in brief Septa union pact
The SEPTA
board Thursday approved a new labor contract for Regional Rail conductors and
assistant conductors, effective Sunday. The railroad workers, members of United
Transportation Union Local 61, ratified the pact earlier this month after
rejecting a similar deal in April. The union represents 363 conductors and
assistant conductors. The five-year contract provides for an immediate 8.5
percent pay increase over the wages of October 2009, the end-date of the
current contract, and a 3.5 percent increase in September 2014. The current
starting-wage rate for a conductor is $20.98 an hour; the top rate is $26.75.
The pact follows the pattern established by the contract negotiated in 2009
with the largest union of SEPTA workers, Transport Workers Union Local
Source: Philly.com
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