Tag Archives: gm uaw contract

Tier Two Wages, Benefits, Bonuses on Table at GM-UAW Talks

The photo op is easy. There are many tough issues to be resolved by the expiration of the current 4-year GM-UAW contract at midnight on September 14. With annual vehicle sales tracking above 17 million, and with strong profits at the Detroit Three there could be many potholes along the road to an agreement. Moreover the no strike clauses insisted on by the Obama Administration as part of the taxpayer bailouts of GM and Chrysler no longer apply. However, UAW leaders claim they are looking for an agreement, not a costly confrontation. Continue reading

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Ford UAW is Next Labor Contract Fight. Strike Possible?

If the GM UAW contract sets the pattern, as it has in the past, a combination of job creation and increased pay for new union hires (the shrinking UAW desperately needs the revenues) will occur and signing bonuses will be given to existing workers under a new Ford UAW deal. Continue reading

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GM UAW Contract Offers Profit Sharing, Some New Jobs

A new four-year labor contract that will be voted on by GM’s UAW workers this week and next includes modest increases in wages for new hires over four years – but not veterans – and the protection or creation of more than 6,000 plant jobs in the U.S. at GM and its component suppliers. Long time employees will be compensated going forward largely with profit-sharing based on GM’s results in North America. Continue reading

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UAW Reaches Agreement with GM. Members Vote This Week

The real contract to watch is the now expired and unresolved one at Ford Motor where the UAW can strike, since Ford did not except bailout funds and hence the requisite no strike provision for a bailout, although Ford did accept billions in other taxpayer subsidies and handouts during the beginning years of the Obama Administration. Continue reading

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