The TWU IAM Association agreement is a collective bargaining agreement between the Transport Workers Union (TWU) and the International Association of Machinists and Aerospace Workers (IAM). This agreement covers employees of American Airlines who are members of the TWU and IAM unions.
This agreement is crucial for the employees as it sets out the terms and conditions of their employment, including wages, benefits, and working conditions. The agreement outlines the rights and protections that employees have under the union, giving them a voice in their workplace and a way to negotiate for better working conditions.
In addition to ensuring fair treatment of employees, the TWU IAM Association agreement also plays a role in improving the efficiency of American Airlines. By working together with the unions, the company can ensure that its employees are happy and satisfied with their jobs, which can translate to improved productivity and customer service.
The most recent TWU IAM Association agreement was ratified in 2019, after more than three years of negotiations. The agreement includes wage increases, improved benefits, and job security provisions for employees. The agreement also includes a provision that requires American Airlines to maintain a certain level of maintenance and repair work in-house, rather than outsourcing the work to other companies.
While the TWU IAM Association agreement is specific to American Airlines and its employees, it serves as an example of the importance of collective bargaining agreements in protecting workers` rights and improving the efficiency of companies. Without these agreements, employees may not have the same level of job security or bargaining power, which can negatively impact both the workers and the company.