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TIME: Almanac 1990
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1990 Time Magazine Compact Almanac, The (1991)(Time).iso
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time
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061289
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06128900.007
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1990-09-22
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BUSINESS, Page 51Business NotesBENEFITSMa Bell's Family Way
As working couples struggle to meet their family
responsibilities, they are asking corporate America to lend a hand.
Last week AT&T agreed to one of the largest expansions of family
benefits ever achieved in labor negotiations. Under a three-year
contract covering 160,000 members of its communications and
electrical unions, AT&T will increase from six months to one year
the parental leave it offers mothers and fathers of newborns. The
company will also permit such leaves for the care of ailing
relatives.
Among other family features: payments of up to $2,000 to cover
costs when workers adopt children and a $5 million fund to help
support and establish child-care centers. But the benefits were not
free. In return for these and other new provisions, employees
agreed to forgo automatic cost of living adjustments.