'United Auto Workers President Shawn Fain said he’s unmoved by an offer of a 21% pay raise from Stellantis NV as the strike against the Big Three US automakers entered its third full day. “It’s definitely a no-go,” Fain said Sunday on CBS’s Face the Nation. “We’ve made that very clear.”...'
'... 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%, ...'
'...United Auto Workers (UAW) union said its members voted overwhelmingly in favor of authorizing a strike at the Detroit Three automakers if agreement is not reached before the current four-year contract expires on Sept. 14. "No I'm not worried about a strike... I don't think it's going to happen," Biden said. ...'
'The White House is closely monitoring the upcoming labor talks in the US auto industry, negotiations that could put it at odds with the traditional support of a major union. So President Joe Biden is tapping a trusted adviser, Gene Sperling, to serve as the administration's point person in upcoming labor negotiations between the United Auto Workers union and the nation's three unionized automakers. ...'
