Alcoa, one of the nation’s leading industrial companies and a giant in the aluminum sector, is entering union negotiations that look to feature, you guessed it, health care costs as the key issue. The company is now paying the entire health care bill for hourly workers, a practice that is fast going the way of the dinosaur.
No surprises so far – old industrial firm overpays thru rich benefits, now struggling, asks for givebacks…
What’s different about this story is the union leader is asking Alcoa to work with the union to push for national health care, noting that all the other countries in which Alcoa operates have some form of national system.
Labor is starting to get it.
Insight, analysis & opinion from Joe Paduda