Teamsters Submit DHL Shareholder Counter Proposal at German Meeting
The Facts -
- The Teamsters Union plans to present a countermotion urging investors to reject DHL's executive remuneration report.
- DHL is criticized for poor working conditions, labor violation, and bonuses for executives despite these issues.
- DHL was recently forced to settle an $8.7 million racial discrimination lawsuit.
Teamsters Challenge DHL's Executive Pay Amidst Worsening US Labor Practices
Contact: Daniel Moskowitz - Phone: (770) 262-4971 Email: dmoskowitz@teamster.org
The Teamsters Union has prepared a countermotion for DHL Group's Annual General Meeting in Bonn, Germany, advocating investors to reject the executive remuneration report. Despite DHL's declining labor practices in the US, their "employee engagement" metric, linked to executives' annual bonuses, is flawed and lacks transparency.
“DHL has become a notoriously anti-union company known for poor working conditions and violating rights. Their executives are awarded bonuses when the company should be taking care of its workers," said Bill Hamilton, Director of the Teamsters Express Division.
Package handlers at DHL's Cincinnati/Northern Kentucky International Airport (CVG) hub, currently organizing with the Teamsters, face challenging work conditions, including no guaranteed breaks and abrupt schedule changes. Ramp and tug workers represented by the Teamsters faced similar issues before joining the union.
DHL recently settled an $8.7 million racial discrimination lawsuit with members of Teamsters Local 705 in Chicago.
“The reality on the ground is strikingly at odds with DHL’s goal of being the ‘employer of choice.’ DHL’s actions violate its own code of conduct," Hamilton concluded.
Established in 1903, the International Brotherhood of Teamsters represents 1.3 million people in the U.S., Canada, and Puerto Rico. Visit Teamster.org for more information and follow us on Twitter @Teamsters and Facebook.
---
Read More USA Works News