Novelis Announces Five-Year Financial Stability Plan
“With the bulk of business that we already have under our belt, if you will, we were able now to give the workforce a five-year picture to what the rates and benefits are going to look like through the end of 2019,” the Oswego plant manager said. “In that we can confirm what their annual pay raise is going to be starting the first of January next year. They’re going to get a three percent pay raise through the end of 2019, each year.”