EB’s shipyard workers ratify new pact providing 21.4% hike in wages over five years

Electric Boat and the Metal Trades Council, a labor union representing more than 3,400 shipyard workers, announced that union members have ratified a new five-year contract that grants them significant increases in compensation and benefits, including a 21.4% hike in wages over the life of the deal. MTC members work in the skilled trades, and include welders, electricians, machinists, pipefitters, laborers, painters and transportation services and administrative support employees. “This is the largest wage package in more than 30 years and demonstrates the value we place on the skills and experience necessary to build the world’s finest submarines,” Kevin Graney, Electric Boat’s president, said in a statement released by EB, a division of General Dynamics. “This new agreement will help attract and retain new employees while providing for the current membership,” Peter Baker, president of the Metal Trades Council, said.

https://www.theday.com/local-news/20231009/ebs-shipyard-workers-ratify-new-pact-providing-21-4-hike-in-wages-over-five-years/

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