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Alleged details of the recently negotiated tentative pact between SAG-AFTRA and the advertising industry have been posted by Jonathan Handel of The Hollywood Reporter. Citing a source close to the negotiations, the reported points include a one-time 6% wage increase at the beginning of the 3-year deal, an increase in Pension & Health contributions from 15.5% to 16.8%.
If accurate, these numbers are far from official, as the agreement still needs to be approved by the union’s national board of directors at its April 20-21 meeting. At that time, details of the deal will officially be released to the public. Following approval by the board, the new agreement would go to SAG-AFTRA membership for ratification.
See the story in the Reporter here.