The 52,600 UAW-GM workers appear poised to approve their contract, with workers at key plants in OH and MI voting in favor of the agreement, the Associated Press reported Friday.
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The four-year deal, for which no details have been released, also precedes UAW members ratifying their deal with General Motors, according to a report from Bloomberg Business.
If the agreement is ratified, about 57,200 GM hourly workers would receive $8,000 signing bonuses and raises. In its labor contract, GM assured $8000 bonus upon ratification of contact, while Fiat Chrysler offers $3000-4000 depending on the worker’s level.
The UAW is not expected to announce the final tally of the GM vote until the weekend. This new tactic follows the UAW’s failure to organize the workforce in 2014 when workers at the plant voted down representation 712 to 626. The agreement came even before union members at General Motors has ratified their own agreement.
The UAW will be meeting with those workers before deciding its next move.
But if workers reject the deal, and if GM balks at making the changes workers want, the UAW could begin rattling its sabers.
The stamping plant joins several other-including the Fairfax, Kansas and Arlington, Texas assembly plants; the Toledo, OH transmission factory; and the GM Tech Center-where the majority of workers voted “no”.
The UAW said it reached an agreement with Ford on Friday morning.
A strike against GM would lead to an estimated loss of revenue of $243 million per work day, or $26 million in daily operating profits.
Ford executives have complained that the company’s labor costs have climbed above those of its domestic competitors because it isn’t subject to same wage system that enabled the Detroit Three automakers to hire 39,150 workers in the past four years.
As the legal cannabis industry continues to grow, more workers in the industry are seeking union representation by the United Food and Commercial Workers (UFCW). Ms. Hale said GM’s board of directors discussed the situation with UAW leaders and “made it absolutely clear that there are no more economic concessions to give at this time”.
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Ford will also offer $70,000 per worker in retirement incentives to a few eligible workers, the sources said. Both unions represent over 4,100 Lordstown employees.
