It started with 11,200 Kroger workers in Indiana. But will a new labor agreement that axes health coverage for employees spouses eventually spread throughout the rest of Kroger's 343,000-person workforce?
Kroger is the nation's largest grocery store chain, ranked #23 on the Fortune 500 list with nearly $100 billion in revenue. But retail margins are historically thin, and citing belt-tightening measures, Kroger took a whack at its health coverage package at its Central Division in Indianapolis.
What emerged from contract negotiations with the United Food and Commercial Workers Union Local 700 was a new deal for workers there. The company said it was a better deal — pension fund pump-ups, health benefits for part-time workers who work as few as 20 hours a week, pay hikes.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
