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Old 06-11-2009, 03:13 PM   #1
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Default Molson shutting off the taps

Looks like retirees from Molson will be thirsty

What ales Molson retirees? - Yahoo! News

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Old 06-11-2009, 03:17 PM   #2
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Shareholders won't http://bit.ly/u7fDN

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Old 06-11-2009, 04:47 PM   #3
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What is up with yahoo news links?

They borked.

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Old 06-11-2009, 04:53 PM   #4
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Quote:
Originally Posted by JPicasso View Post
What is up with yahoo news links?

They borked.
Yeah, all I got was some add for Yahoo business or some crap....
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Old 06-11-2009, 04:58 PM   #5
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Just google search for the name of the article. Yahoo doesn't seem to allow linking to their site.

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Old 06-11-2009, 05:01 PM   #6
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Molson retirees losing their free beer to cry in
TheStar.com | Canada | Molson retirees losing their free beer to cry in

KIM GOODYEAR FOR THE TORONTO STAR
Retired Molson employee Bill Bavis says lack of consultation is unfair.






Pensioners protest as their allotment of 864 brews a year will be cut to nothing

Jun 09, 2009 04:30 AM


Andrew Chung
STAFF REPORTER
If you sang that well-worn campfire song about the beer bottles on the wall, you'd have to start at 864.

That's the annual complimentary beer allotment for retirees from the Molson brewery in St. John's, Nfld., the same amount of free suds they received while still working.

But, without consulting them, Molson has decided to shut the tap.
Come Jan. 1, the allotment will be a dozen bottles a month, down from six dozen a month (or 72 dozen a year), and in five years, it will be zero. For current workers, who also get 72 dozen bottles a year, the allotment will drop to 52 dozen. No five-year cut-off is planned.

Retirees held a protest outside the brewery last Friday. They've demanded a meeting with top company officials and will get one within the next two weeks.

In Vancouver and Montreal, where the allotment is less than in St. John's, the unions have launched grievances. Vancouver's case goes to arbitration June 16.

"There was no consultation, we just received a letter that this is a done deal, which is totally unfair," said Bill Bavis, who retired six years ago after 32 years at Molson's in St. John's. "I think with the economic downturn they're trying to take advantage of us, as a way to cut retirees' benefits and justify it."

Molson says it is "standardizing" its complimentary beer policy, which was originally intended not only as a perk but also to allow workers to share their beer, thereby helping to market it.

"This was a decision made by management after reviewing a number of cost-cutting measures," said Molson vice-president Ferg Devins. "We strongly feel the benefits package for our employees and retirees is still very generous."

The measure, announced in a letter in early April, came just before parent company Molson Coors announced its net profit more than doubled in the first quarter compared to last year, to $75.7 million, and increased its dividend.

There are 2,400 Molson retirees in Canada. Their free beer costs the company about $1 million a year.

Critics say all they've done is alienate their workers. "This does nothing for production inside" the plants, said Greg Pretty, a director for the Fish, Food and Allied Workers union, which represents the St. John's employees. For the average retiree, it means the loss of the equivalent of about $1,300, he said.

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Old 06-11-2009, 05:08 PM   #7
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Ha, they should have been thankful that Molson was giving out free beer for all those years. How can they even be justified to complain about this? What a bunch of babies. I like how they call free beer for retirees "benifets".

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Old 06-11-2009, 05:13 PM   #8
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I'm with Edcculus on this. I don't get free wine and have to pay the same price distributors pay. That goes for everyone in the company, GM/Winemaker on down.

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Old 06-11-2009, 05:18 PM   #9
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They were happy gettting free beer all these years... they should be happy they got it at all and for such a long time.

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Old 06-11-2009, 05:30 PM   #10
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**** they have to complain to try to get their free beer though. I know I would. If you just take their decision and accept it you surely don't get free beer. Might as well complain and hope you get some more free beer.

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