The United Auto Workers union said its tentative contract deal with General Motors (GM.N) includes plans for investments around electric vehicles and will raise wages for thousands of U.S. hourly workers at units with lower wage tiers than at vehicle assembly operations.
Shawn Fain, president of the United Auto Workers speaks as U.S. President Joe Biden joins striking members of the United Auto Workers on the picket line outside GM's Willow Run Distribution Center, in Belleville, Wayne County, Michigan, U.S., September 26, 2023. REUTERS/Evelyn Hocksteinincludes plans for investments around electric vehicles and will raise wages for thousands of U.S. hourly workers at units with lower wage tiers than at vehicle assembly operations.
The UAW released more details of its tentative 4-1/2 year deal with GM <on Saturday. The tentative deal was first announced on Oct. 30., providing 25% base wage increases for full-time workers, which could total as much as 33% including newly negotiated cost-of-living allowances. Temporary workers will have a faster path to full-time status and could see wages rise by about 50% immediately. Temporary workers who convert to full-time status could more than double their hourly pay over the life of the agreement, the UAW said.
The GM agreement will move more than 7,000 UAW workers in GM component plants, service parts warehouses and what GM calls "subsystems" operationsNow that preliminary approvals for all three contracts are done, UAW leaders will spend the next two weeks working to win "yes" votes from rank-and-file union members at the Detroit Three.The U.S.
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