IATSE membership voted to ratify the Basic Agreement and the Area Standards Agreement, which will go into effect on August 4th. Although concerns were raised during the voting period, the Basic Agreement ultimately garnered an 85.9% approval rate. Similarly, the Area Standards Agreement was approved by 87.2%, indicating strong support from union members.

In a statement posted on Thursday, IATSE's international president, Matt Loeb, stated that the members' voices have been heard loud and clear. The contracts include significant wage increases, craft-specific adjustments, and improved health and pension benefits with new funding mechanisms. Additionally, he emphasized the importance of enhanced safety provisions and protections against displacement due to artificial intelligence.

General and craft-specific wage increases, overtime changes, increased premium pay factors, bereavement leave, and other provisions will become effective on August 4^th. Other provisions like rest periods, paid sick leave, and increased holiday pay will take effect further into the agreement's term.



We’re here for you! If you need more information about the changes, you can review the updated Memorandum of Agreement, but you can always reach out to us at FTV Consulting. We're happy to coordinate a training class specific to your production, ensuring that you're fully informed and prepared for the changes ahead.