Search results
Results from the WOW.Com Content Network
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. More than 12,000 UAW members were paid this benefit in 2005. [ 48 ]
A major use of the concept was implemented in 2007 when the United Auto Workers agreed to form VEBAs for their workers at the Big Three automobile manufacturers, thus relieving the companies from carrying the liability for their health plans on their accounting books. [6]
The UAW represents more than 145,000 auto workers at the Detroit Three. As of Oct. 30, GM had about 17,400 UAW workers, including 3,200 hourly UAW workers at Spring Hill, Tennessee, who went out ...
Though top-scale assembly workers earn $32.32 an hour, temporary workers start at just under $17. Still, full-time workers have received profit-sharing checks ranging this year from $9,716 at Ford ...
A look at where the United Auto Workers union, Detroit's three automakers stand in contract talks. September 14, 2023 at 11:18 AM. ... pension increases for retirees and other items. ...
The United Automobile Workers union won recognition from GM and Chrysler in 1937, and Ford in 1941. In 1950, the automakers granted workers a company-paid pension to those 65 years old and with 30 years seniority. In the mid-1950s, the automakers agreed to set up a trust fund for unemployed auto workers.
United Auto Workers union President Shawn Fain told members that all three automakers have now offered record contracts but that the union will continue its strike in a push for even better deals.
The Ohio Bureau of Workers' Compensation (OBWC or BWC) provides medical and compensation benefits for work-related injuries, diseases and deaths. It was founded in 1912. It was founded in 1912. With assets under management of more than $29 billion, it is the largest state-operated and second largest overall provider of workers’ compensation ...