In the first year wages increase by an average of 5.8 percent. Wage increases of 3.5 percent and 3.4 percent are scheduled for the second and third years, respectively. The pension benefit will be increased by 22 percent during the life of the contract. Farnam workers gain a third week of vacation after eight years. Vacation eligibility is improved by lowering the number of pro-rated hours.
Life insurance is increased.
For the first time, the company will pay for safety glasses. The company agrees to train workers for open jobs before the jobs are posted, and will provide workers with training before new jobs come into the plant. The contract also guarantees rate retention should jobs be eliminated. During negotiations Local 1107 received the backing of the Freudenberg European Works Council, which consists of elected workers representatives employed by Farnam s German-based parent company. Bush and UE Dir. of Org.