Wednesday, July 21, 2010

Vale and United Steelworkers Halt Negotiations

Talks have broken off again between the United Steelworkers Union and Vale.

In a press release from the union Boyd Bussey, a negotiator for the United Steelworkers Union Local 9508, says the two parties halted negotiations yesterday afternoon.

The break in talks is mainly due to a disagreement on a bonus that is offered to the employees at the site.

The bonus is based on global nickel prices and the company’s performance.

The bonus isn’t on par with the one that was given to employees at Vale’s operation in Sudbury.

Those Vale employees reached a deal with the company two weeks ago.

This latest break in talks comes just 11 days before the 1-year anniversary of the strike.

Employees walked off the site on August 1, 2009.

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