UAW says some progress has been made in labor talks, but a wide divide remains. On Tuesday, UAW President Shawn Fain said that the union had made some progress in labor discussions with the Detroit Three automakers in the last three days before a possible strike by 146,000 U.S. auto workers.
“We’ve made some progress, a little bit of progress, but it’s still slow, but we’re moving,” Fain told CNN. “There is still a long way to go… Many problems exist.
Stellantis (STLAM.MI), the parent company of Chrysler, said early Monday that it intended to submit another counteroffer in response to the union’s new proposal from the previous day. On September 14 at 11:59 p.m. E.T., the present labor agreement of four years will end.
On Friday, the UAW turned down new proposals from Stellantis, GM.N, and Ford Motor. Over the weekend, G.M. presented a fresh offer to the UAW, but the specifics remain unclear. G.M. said they had no comment.
According to two sources for Reuters, the UAW has reduced its salary increase demands from an initial 20% increase upon ratification and four yearly 5% increases to roughly 36%.
“We are on a good path and remain committed to reaching a tentative agreement without a work stoppage that would negatively impact our employees and our customers,” Stellantis told employees on Monday, adding that the company and UAW subcommittees have reached tentative agreements in several areas, including health and safety.
Stellantis said on Friday that it will increase its U.S. employees’ hourly pay by 14.5 percent over four years.
The company announced the increase in salary on Thursday, saying it will be 10% over four years, with two extra 3% yearly lump sum bonuses. Stellantis did not provide any further lump sum payments in the last week.
After promising a 9% salary rise through 2027 and a 6% lump sum payment, Ford (F.N.) increased its offer to a 10% wage raise and lump sum payments this week.
The Detroit Three has proposed a $20 per hour minimum wage increase for temporary employees and a reduction from eight to six years required to earn top compensation for permanent autoworkers.
Job security guarantees and an end to the employment of temporary workers are among the union’s other demands, along with the restoration of defined-benefit pensions for all employees, reduced work weeks of 32 hours, and further cost-of-living increases.
Inflation protection payments over four years have increased from $10,500 with Stellantis to $11,000 with G.M. and $12,000 with Ford.
Comment Template