Philly Shipyard,Inc (PSI) revealed that a brand-new four-year cumulative negotiating arrangement has actually been validated by the Philadelphia Metal Trades Council (PMTC). The PMTC is the special negotiating rep for Production and also Maintenance workers at PSI and also includes 9 unions.
“We are pleased to have successfully ratified this agreement extending our strong partnership with the PMTC,” stated Mike Giantomaso, Vice President of Human Resources atPhilly Shipyard “With our record order backlog of nine ships and the currently strong labor market, we believe that this contract will allow our company to offer the competitive compensation needed to attract and retain the talent necessary for carrying out our major shipbuilding projects.”
President of the Philadelphia Metal Trades Union, Lou Agre, commented, “The members of the Philadelphia Metal Trades Council are glad that we have been able to negotiate an agreement that benefits our members as well as ensures the future viability of the shipyard.”
With the effects of the COVID-19 pandemic and also the nationwide labor lack, PSI and also several various other firms have actually really felt the difficulties of a highly-competitive employing market. PSI stated it is confident that this cumulative negotiating arrangement will certainly assist to additional setting PSI as a company of selection and also will certainly assist it to draw in and also preserve employees.
