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Osco management has once again misrepresented the Teamsters Local 727 Bargaining Committee’s position during negotiations, this time in regards to the company’s total compensation package for pharmacists.
Osco management finally presented a comprehensive contract proposal that incorporates all remaining economic and non-economic issues at 7 p.m. Wednesday. However, the proposal adequately addresses only five of the Teamsters Local 727 Bargaining Committee’s remaining 14 issues that were outlined in the union’s last, best and final offer.
Osco management opened the third day of federal mediation with the Teamsters Local 727 Bargaining Committee by promising to provide a complete, comprehensive offer. After seven hours, however, the company still has not provided such an offer, so instead, the Local 727 Bargaining Committee gave Osco management its last, best and final offer on all outstanding economic and non-economic issues.
During Wednesday’s federal mediation session, Osco management gave the Teamsters Local 727 Bargaining Committee a presentation with slides explaining that the company views its health care costs as part of a total compensation package in order to be competitive with CVS and Walgreens.
For the first time – after eight full meetings — Osco management finally gave the Teamsters Local 727 Bargaining Committee an official health care proposal as federal mediation resumed June 8.
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