Author Topic: UAW Strike Ends with Higher Wages, Better Benefits for Auto Workers  (Read 1050 times)

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Online mystery-ak

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UAW Strike Ends with Higher Wages, Better Benefits for Auto Workers

John Binder 30 Oct 2023

The United Auto Workers (UAW) will end its strike against the Big Three as the labor union has reportedly reached a tentative agreement with General Motors (GM). The UAW had, in the last few days, reached similar deals with Ford and Stellantis.

On Monday morning, reports circulated that the UAW had reached a deal with GM. According to details available, the deal mimics many components of the union’s deal with Ford, where base wages will increase 25 percent through April 2028.

Likewise, the deal reinstates benefits that GM’s auto workers have not enjoyed since the Great Recession, such as cost-of-living allowances, a three-year wage progression, and an elimination of wage tiers among union workers.

Perhaps most significant is the UAW’s persistence in demanding higher wages for auto workers at GM’s Ultium Cells plant in Warren, Ohio, which produces batteries for Electric Vehicles (EVs). Union leadership had long complained that auto workers were moved to the plant and had their wages slashed almost in half, from $30 an hour to just $16.50 an hour.

As part of the deal, auto workers at Ultium Cells will see 11 percent wage hikes. Auto workers will also be able to transfer to EV battery plants or EV production plants when jobs become available.

The UAW’s deals with Stellantis and Ford also secured 25 percent in base wage increases through April 2028 as well as cost-of-living allowances and an incremental right to strike for auto workers whenever the automakers close a plant.

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https://www.breitbart.com/economy/2023/10/30/uaw-strike-ends-with-higher-wages-better-benefits-auto-workers/
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Offline libertybele

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Re: UAW Strike Ends with Higher Wages, Better Benefits for Auto Workers
« Reply #1 on: October 30, 2023, 03:24:44 pm »
Which equates to higher costs passed on to the consumers.  Wonderful!

Online cato potatoe

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Re: UAW Strike Ends with Higher Wages, Better Benefits for Auto Workers
« Reply #2 on: October 30, 2023, 03:42:06 pm »
Who buys their bland appliances anyway?  I suppose they are competitive in the market for large trucks, but that’s about all they are good for.

Online Weird Tolkienish Figure

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Re: UAW Strike Ends with Higher Wages, Better Benefits for Auto Workers
« Reply #3 on: October 30, 2023, 03:51:49 pm »
More inflation incoming...

Online mountaineer

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Re: UAW Strike Ends with Higher Wages, Better Benefits for Auto Workers
« Reply #4 on: October 30, 2023, 04:17:09 pm »
Who can afford a new car or truck at this point in Bidenomics, while we're scrambling to pay for the groceries, housing and utilities we need?
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