Friday, March 05, 2004
Yahoo! News - ISG Offers Weirton Workers Incentives: "A proposed five-year contract between the union at bankrupt Weirton Steel Corp. and prospective buyer International Steel Group is packed with production-related incentives, including bonuses and quarterly profit-sharing.
The 40-page agreement would preserve about 2,000 of the mill's 3,000 jobs but reduce the number of job categories from 32 to five. That streamlining of the work force, which requires workers to do many more jobs than in the past, is part of the Ohio company's model for efficiency and has been implemented at other ISG mills. "
The 40-page agreement would preserve about 2,000 of the mill's 3,000 jobs but reduce the number of job categories from 32 to five. That streamlining of the work force, which requires workers to do many more jobs than in the past, is part of the Ohio company's model for efficiency and has been implemented at other ISG mills. "
