Hyatt announced today that Hyatt Regency Philadelphia at Penn’s Landing and Hyatt Regency Denver at the Colorado Convention Center associates overwhelmingly ratified agreements recently for new five-year contracts with UniteHere Local 274 and UniteHere Local 23, respectively, giving Hyatt associates the wage and benefit increases they deserve.
These contracts, effective through December 2017 in Philadelphia and February 2018 in Denver, come on the heels of an agreement to a five-year contract with UniteHere Local 30 at Hyatt Regency Mission Bay in San Diego. They follow other agreements made with UniteHere local leadership in Washington, D.C., New York, Monterey, Calif., and Toronto, as well as various unions, including the Teamsters, SEIU, the Longshoremen, and Workers United.
These new agreements reaffirm Hyatt’s commitment to offer competitive wages and benefits to associates and to maintain a positive workplace environment. With all of these contracts, Hyatt Regency Philadelphia, Hyatt Regency Denver and Hyatt Regency Mission Bay associates will receive wage increases and increased employer contributions to pension and healthcare.
These agreements demonstrate how negotiations can benefit associates when both sides focus on what is best for those individuals represented by UniteHere. It also marks a stark contrast to the demands being made by UniteHere leaders elsewhere. While Hyatt has shown its resolve in forging strong and productive relationships with many of the unions that represent its associates – including these UniteHere locals in Philadelphia and other cities – it is unfortunate that UniteHere leadership in Chicago, Los Angeles, San Francisco and Waikiki do not follow the example of their colleagues.Unlike the unreasonable UniteHere contract demands in these four cities, none of the three contracts in Philadelphia, Denver or San Diego were conditioned upon Hyatt giving up the rights of its associates to a democratic, secret ballot election for union representation in other cities, and none of the three contracts insisted on an unacceptable provision that would allow the union to strike during the contract term.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV