spot_img

UAW ratifies contract with Ford Motor Co.

United Auto Workers members have voted to ratify a tentative agreement with Ford Motor Company, marking the possible end of the first simultaneous UAW strike against the Big Three.

A vote tracker shows 34,657 members voted for the contract while 11,007 voted against it.

Stellantis and GM voted to ratify their contracts this week. The tentative deals are somewhat similar among the Big Three automakers but the exact details are not publicly known.

Stellantis offered the UAW 25% in base wage increases through April 2028 and will cumulatively raise the top wage by 33% compounded with estimated cost of living adjustments to over $42 an hour.

The starting wage will increase by 67% compounded with estimated COLA, to over $30 an hour. The lowest-paid workers at Stellantis, temporary workers, will see a raise of more than 165% over the agreement. Some workers at Mopar will receive an immediate 76% increase upon ratification.

- Advertisement -

The agreement reinstates benefits lost during the Great Recession, including cost-of-living allowances, a three-year wage progression, and ending wage tiers.

It improves retirement for current retirees, those workers with pensions and 401(k) plans and includes a right to strike over plant closures and a right to strike over product and investment commitments.

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Men of Color Expo – Celebrating Men of Excellence

Men of Color Expo 2026 – Celebrating Men of...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Everyday Economics: A stable labor market is not enough

The May jobs report offered a measure of reassurance:...

Sorensen drug-pricing bill draws criticism from former FDA official

(The Center Square) – U.S. Rep. Eric Sorensen, D-Illinois,...

Election 2026: Graham bids for 5th term

(The Center Square) – Five challengers on Tuesday will...

Senators next to consider data center regulations to protect ratepayers

(The Center Square) – Protection of families, small businesses...

Supporters, critics clash over future of taxpayer funding for Rx Kids

(The Center Square) – Michigan lawmakers remain divided over...

U.S. seeks dismissal of lawsuit over deadly boat strikes

The U.S. government moved Friday to dismiss a lawsuit...

More like this
Related

Everyday Economics: A stable labor market is not enough

The May jobs report offered a measure of reassurance:...

Sorensen drug-pricing bill draws criticism from former FDA official

(The Center Square) – U.S. Rep. Eric Sorensen, D-Illinois,...

Fishermen advocate begins campaign against offshore wind, ‘industrializing’ of the ocean

(The Center Square ) – The New England Fishermen’s...

Election 2026: Graham bids for 5th term

(The Center Square) – Five challengers on Tuesday will...