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On October 25, a tentative agreement was reached between the UAW and Ford; it includes an 11% wage increase in the first year, and total 25% increase in wages over the 4.5 year contract, a $5,000 ratification bonus and a cost-of-living adjustment. When including cost-of-living adjustments, total pay could be raised by 30%.
The UAW is pushing automakers to eliminate the two-tier wage system under which new hires can earn far less than veterans. Long walkouts at factories producing large pickup trucks could cost the ...
Fain said on Friday that Ford had upped its proposed wage hike to 23% through early 2028. Combined with proposed cost-of-living-adjustments, workers could receive pay increases of close to 30% ...
Ford workers in Dearborn were among the final UAW members to cast votes on the historic 2023 UAW contract. Ford workers ratify historic 2023 UAW contract with 69.3% support for wage hikes ...
UAW President Shawn Fain — who ran for the top job on a “no corruption, no concessions, no tiers” slogan — has similarly said that the auto industry’s version of the practice creates a ...
GM rival Ford similarly said only 2% to 3% of workers are temp or part-time workers, and that 80% of its workers make the current top wage rage, $32/hour.
The top-out pay increased by $2. The two-tier wage system was done away with. ... Today, only 10% of American workers belong to unions, ... The UAW has seen its own membership fall, due to the ...
The UAW is asking for wage hikes of nearly 40%, COLA (cost of living adjustments) built into a future contract, end of wage “tiers,” and a defined benefit pension plan, among other things.