The Union No. 1 of Workers of Minera Escondida, confirmed the millionaire agreement reached with the largest mining company in the world, which is already listed as “the best negotiation in mining history”.
Specifically, the deal involves bonds for $21 million plus $3 million soft loan. “The result of this negotiation is completely satisfactory, which contains substantial improvements in issues as desired as the establishment of a fair and timely career development, improvements in variable bonuses according to the business, increase in social benefits in education, health and education, among other relevant issues,” they say in a statement.
“Our legitimate Recognition Bonus, equivalent to 1% of the dividends paid to the owners, to be distributed to all workers in equal parts, has been collected, beyond the names given for payment. We only have words of gratitude to all our members, who have once again shown that union unity, strength and discipline is the only thing that allows us to achieve the improvements in conditions that workers and their families deserve,” they add.
“This collective bargaining will undoubtedly remain in the history of this great union and will mark a benchmark for all workers in the country, in that union organization and struggle are the ways to achieve distribution in each of the companies in which we work,” close the statement that you can see in the following link.
Cristóbal Marshall, Vice President of Corporate Affairs of Escondida, commented that “the result of this negotiation gives us a common framework of understanding with the workers for the next three years.”
