The prevailing wage rate increase for affected Teamsters Local 700 members is $1.00 per hour. Notification letters are being sent to all employers advising of the rate increase. This is a one-year agreement and is retroactive to June 1, 2019, as it states in the official release below. However, depending on specific bargaining unit contract language, the retroactive date of members’ $1 per hour raises vary between June 1, 2019 and July 1, 2019. For example, the $1 per hour raise for City of Chicago members is retroactive to July 1, 2019, as it states in their contract. If you do not know your retroactive date, please contact your business agent.
The prevailing wage rate is determined through negotiations between the Mid-America Regional Bargaining Association (MARBA) and associated labor organizations, which includes several Locals within Teamsters Joint Council 25.