The Report: SAG/AFTRA Deal Explained
Studios and the actors guilds both won concessions in the three-year deal reached Nov. 7.
SAG/AFTRA agreed to 2% annual wage increases (3.5% was the norm just two or three years ago) but got a 1.5% increase in employer contributions to pension and health plans.
That boost is a significant win for the unions, as 0.5% is more common.
Other deal points were relatively minor. SAG basic cable negotiations are in process this week, followed by DGA negotiations next week and WGA negotiations set for sometime in the spring.
The actors’ deal clears the way for SAG and AFTRA to spend 2011 focused on the decades-old endeavor of merging the unions.