petee
no gods, no malarkey
Since the strike began, the value of Ford’s offer increased by 50 percent, according to the UAW. Ford initially proposed a 9 percent wage increase, a 6-year progression to earning the top wage, $12,000 in cost-of-living (COLA) bonuses, and the same 6.4 percent employer 401(k) contribution as the company offered in the 2019 contract.
The new tentative agreement with Ford restores COLA to where it was before 2009, bringing workers’ total wage increase to 33 percent. Wages for starting workers will increase 68 percent to over $28 an hour, while wages for temp workers will increase by 150 percent. The progression to top wage was cut by more than half to 3 years, which hasn’t been the case since before 2009, and Ford’s 401(k) contributions were bumped to 9.5 percent.
The new tentative agreement with Ford restores COLA to where it was before 2009, bringing workers’ total wage increase to 33 percent. Wages for starting workers will increase 68 percent to over $28 an hour, while wages for temp workers will increase by 150 percent. The progression to top wage was cut by more than half to 3 years, which hasn’t been the case since before 2009, and Ford’s 401(k) contributions were bumped to 9.5 percent.
What’s in the UAW’s Historic Tentative Agreement With Ford
In yet another break with years past, UAW members at Ford will return to work while the agreement is voted on to increase pressure on GM and Stellantis to make a deal.
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