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End in sight for Atlantic City Caesar's strike9 August 2001Ending their month-old strike, striking Caesars Atlantic City slot attendants voted to accept an offer from Park Place Entertainment Corp. The agreement includes wage hikes of an additional 35 cents per hour in each year of the approximately three-year contract. Of that sum, thirty cents will go directly to the hourly rate and five cents will be allocated to a severance fund that provides pension benefits to union members. Although the offer is lower than the 60-cent per hour raise many union members had wanted, it is higher than the 10-cent per hour raise offered at the beginning of July. Union president of the Teamsters Local 331, Joseph Yeoman called on the company to immediately begin scheduling the returning workers. Park Place senior vice president Bernard DeLury said that the company was still waiting for confirmation but would place the striking workers on a preferential hiring list to be reinstated as soon as positions became available. |