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FOR IMMEDIATE RELEASE: July
17, 2007 |
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With 501
Loaves of Bread, Workers Demonstrate the Grocery Industry’s Income Gap
‘Fix the Bread Gap and Share the Success!’
Puget Sound—Members
of United Food and Commercial Workers Union will do a sidewalk demonstration
of the gap between CEO salaries and their wages—in loaves of bread. The
event takes place Wednesday, June 18th, 10:00 a.m. at the
lower Queen Anne Safeway, 516 1st Ave W,
the corner of W Republican and 1st W.
The average grocery worker’s
hourly wage ($13) multiplied by the average 26-hour work week is roughly
$18-thousand a year. Meanwhile, Safeway, Albertsons’ and Kroger (parent
company of QFC and Fred Meyer) paid their CEOs over $27-million last year.
The average annual salary for these grocery chain’s CEOs is about
$9-million.
“That’s roughly 500 to 1,”
says Jackie O’Ryan, spokesperson for UFCW. “That’s quite a difference. What
does that look like? Workers from the four grocery chains will use loaves of
bread to illustrate the gap.”
These national chains are
ranked in Fortune Magazine’s ‘Fortune 50’ and are all posting record
profits. 40% of grocery workers here make less than $10 an hour and, because
stores cut worker’s hours to save money, the average work week is only 26
hours.
CEO earnings for these three
chains went up 216% while worker wages rose only about 6% over the last five
years. The cost of living rose 13.6%. The cost of gas went up 110%.
Electricity and food costs escalated. The cost of bread went up almost 20%.
Safeway
workers lose a day’s pay if they call in sick, yet their company pays for
the CEO’s company car, his home security system and private use of the
company jet.
It takes 10 months to get a
new worker’s family on health care at Fred Meyer and QFC, but their
company’s CEO has an $8-million salary and a $7-million golden parachute.
Over 20,000 grocery workers represented by UFCW Locals 21, 44
and 81 in the Puget Sound region are negotiating with Albertsons’, Safeway,
QFC and Fred Meyer over wages, medical benefits, family-friendly scheduling
and sick leave.
This bread demonstration
will be posted on YouTube after the event and the bread will be delivered to
food banks.
For
more information, visit
www.ShareTheSuccess.org.
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