Sep 9, 2023

Greedy Unions vs. Weak Auto Industry Leadership | Get ready for even more unaffordable Auto/Truck prices


Offer to UAW includes 14.5% raises, inflation bonuses


'... Most union employees will get 14.5% and no lump sums, Juneteenth will be a paid corporate holiday, Most union employees will get inflation protection payments: $6,000 one-time inflation protection in first year of contract $4,500 inflation protection payments over final 3 years of the contract, Supplemental employees:Wage increase from starting rate of $15.78/hour to $20/hour (a $4.22/hour increase), Wage increase from starting rate of $15.78/hour to $20/hour (a $4.22/hour increase), In-progression employees:Accelerate progression timeline from eight years to six years, potentially reducing the time that employees can reach the max wage rate by 25%, ...'


Reference:
Tags: United Auto Workers (UAW),Destruction of America's retirees,Destruction of America's Working Class,Auto Price Inflation, Truck Price Inflation,Destruction of America,


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