Sysco Offers Houston Colleagues Unprecedented Wage Increases, Improved Benefits and More Time Off, Teamsters' Strike Call Harms Our Colleagues
SyscoSysco(US:SYY) GlobeNewswire News Room·2025-01-13 18:31

Core Viewpoint - Sysco Corporation is urging the International Brotherhood of Teamsters to engage in serious negotiations to avoid strikes that could negatively impact employees and the community [1][2]. Group 1: Negotiation Status - Sysco has been negotiating in good faith for several months, aiming to reach an agreement before the contract expiration on January 17 [2]. - The company emphasizes its commitment to providing generous wage increases and improved benefits while balancing business needs [2]. Group 2: Wage and Benefits Offer - Sysco's proposal includes an 8.5% wage increase for warehouse employees and over 9% for delivery partners in the first year, with a total wage increase of 20% over the contract's duration [3]. - Additional benefits in the offer include extra vacation time, double pay for hours worked over 60, and reduced healthcare costs [3]. Group 3: Company Commitment - Sysco aims to provide competitive wages, a supportive work environment, and opportunities for growth and development for its employees [4]. - The company is committed to an outcome that ensures long-term success for employees, the company, and customers [5]. Group 4: Allegations Against Teamsters - Sysco claims that the Teamsters' allegations are false and misleading, stating that their actions harm employees, families, and community partners [2][5]. - The company accuses the Teamsters of prioritizing their interests over the well-being of local members and the community [5]. Group 5: Company Overview - Sysco is a leading global foodservice distribution company, operating 340 distribution facilities worldwide and serving approximately 730,000 customer locations [6]. - For fiscal year 2024, Sysco generated sales exceeding $78 billion [6].