Court rules ASARCO must pay bonus

Asarco Ray Mine
Asarco Ray Mine

CopperArea.com

Senior U.S. District Judge Stephen M. McNamee issued a decision last week to enforce an arbitrator’s award that ASARCO must pay a negotiated quarterly bonus based on the price of copper to the hundreds of employees hired after June 30, 2011. The company had denied the benefit and with this ruling the company will be forced to pay the bonuses.

The award is estimated to be worth more than $10 million.

Continued:

Share this!

Additional Articles

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories