A Four-Year Agreement
The UAW strike that lasted 40 days ended when the union ratified an agreement with General Motors for a four-year deal. The deal passed with a 57 percent approval from union members. According to GM, the final vote tally was 23,389 to 17,501.
The contract should please many of the UAW members. While there will always be some folks who are unhappy with it there are some good things here for union members.
The deal includes an $11,000 signing bonus, performance-based bonuses, two different three percent annual raises, and a four percent sum payment towards healthcare costs.
“General Motors members have spoken,” said Terry Dittes, UAW Vice President and Director of the UAW-GM Department. “We are all so incredibly proud of UAW-GM members who captured the hearts and minds of a nation. Their sacrifice and courageous stand addressed the two-tier wages structure and permanent temporary worker classification that has plagued working-class Americans.”
Now that the strike is over, production should resume at various plants across the country. However, it’s unclear at this time when exactly the Bowling Green plant will resume Corvette production. The strike was long enough to impact the flow of parts, which could mean there’s a little lag between the strike ending and production resuming at full-force. We’ll keep an eye out for new information.
