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EverythingPeople This Week!

Published on Tuesday, November 5, 2019

Ford UAW Settle Quickly

Author: Michael Burns

Ford Motor Company and the United Auto Workers (UAW) settled their contract less than a week after ratification of the General Motors-UAW contract.

Below are some of the details of comparison with the General Motors (GM) contract.

 

General Motors

Ford Motor Company

Signing Bonus

$11,000 for senior employees

$4,500 for temporary

$9,000 for senior employees

$3,500 for temporary

Profit Sharing

$12,000 cap removed

No change to plan

Wage Increases

3% wage increase 2nd & 4th yr.

4% lump sum 1st & 3rd yr.

3% wage increase 2nd & 4th yr.

4% lump sum 1st & 4th yr.

Health Care

No reduction in care.

No increase in cost to members.

No reduction in care.

No increase in cost to members.

Plants/Investments

Closure of Lordstown, Warren, & Baltimore Transmission plants.

Retention of 9,000 jobs.

Closure of Romeo Engine plant.

$6 billion investment in 19 plants.

Progression Away From 2-tier Pay

Parity in 4 yrs.

Path to full-time regular status.

Increase starting rate.

Temporary Workers

Path to full-time regular status.

Transition to grow-in rate.

Path to full-time regular status.

Increased starting rate.

Holidays

1 additional holiday – 7/3/2023.

66 total holidays.

1 additional holiday – 7/3/2023.

66 total holidays.

Legal Services

Spouses covered – active and retired

Spouses covered – active and retired

SUB Fund

Replenished

Replenished

The tentative Ford agreement was recommended to UAW members by its leadership last Friday. More information on both the GM (ratified) and tentative Ford agreement can be found here:  GM and Ford

FCA is last up. Now that both GM and Ford have agreed to contracts that follow the pattern set by GM, FCA is in a bit of a corner. If Ford had hammered out a less expensive deal with the UAW, FCA could arguably have pushed through a less expensive agreement themselves. Last week FCA CEO Mike Manley was quoted as saying they were in “different conditions” than GM and may seek changes to the contract that were not in the GM and Ford contracts.


Additional ASE Resources

ASE is planning to host its Auto Talks Briefing upon completion of 2019 bargaining by all three auto companies and the UAW. Keep an eye out for more information on this special program.


Sources UAWc.om; AP 10/31/2019 CEO hints Fiat Chrysler may not want same UAW contract as GM

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