Saturday, August 5, 2023

UAW Demands 46% Pay Hike

UAW Demands 46% Pay HikeSounds like Ford, GM & Stellantis want known fixed "costs" from any agreement negotiated, the trick will be getting enough to satisfy the OEMs that they are buying "peace" for the next four years and the rank and file get enough to call it an improvement.


Agree with what jasonj80 said,

Maybe skip COLA but look at an up front payment as a one time "make up" for how inflation has eaten into the current deal in the last 12 months or so and then look at reasonable annual increases of say 3.5%/year which is probably where inflation will sink to. On the profit bonus, I'm not sure you'll ever get a proper shake from Ford, maybe target a slightly different set of KPIs to get you guys in the best possible place…….(think how managers can get a bonus even if things out of their control happen)Sat, 05 Aug 2023 07:05:55 +0000

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