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A second-tier wage of $14.50 an hour, which applies only to newly hired workers, is lower than the average wage in non-union auto companies in the Deep South. [ 47 ] One of the benefits negotiated by the United Auto Workers was the former jobs bank program, under which laid-off members once received 95 percent of their take-home pay and benefits.
DETROIT (Reuters) -United Auto Workers leaders approved a tentative deal Sunday with Ford that includes a pay hike of at least 30% for full-time workers and could more than double pay for others ...
In an online speech, UAW President Shawn Fain said the new contract includes wage increases of more than 25% over the next four years, including a 10% raise after the deal is ratified.
Curry’s payments that year were $267,126, including a salary of $219,996. UAW president Shawn Fain sits at his office desk for a portrait at the UAW Solidarity House in Detroit on Friday, Dec. 1 ...
"The basic hourly wage received by a UAW worker in a Big Three plant is close to that received by a Toyota or Honda worker in a U.S. plant. The UAW-negotiated wage was roughly $28 an hour in 2007. For new workers, the hourly wage was lower at $14 an hour; senior workers made more money.
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 ...
The benefits include another $1,000 annual payment to 401(k) plans to offset retirement health care costs for hires since 2009 and pension benefit increases along with maintaining the current ...
Faria noted that UAW president Ron Gettelfinger agreed to have the UAW's "all-in" wage, benefit and pension costs drop from a high of $75.86 per hour in 2007 to an average of about $51 per hour starting in 2010. By comparison, the CAW's cost per hour was $77 in 2007 and will rise to over $80 per hour by the end of the new contract.