Workers at Mack Trucks reject tentative contract deal and will go on strike early Monday

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The United Auto Workers union says members at Mack Trucks have voted down a tentative five-year contract agreement reached with the company and plan to strike at 7 a.m. Monday

Union workers at Mack Trucks have voted down a tentative five-year contract agreement reached with the company and plan to strike at 7 a.m. Monday, the United Auto Workers union says.

The deal included a 19% pay raise over the life of the contract with 10% upon ratification. There also was a $3,500 ratification bonus, no increase in weeklycontributions, increased annual lump sum payments for retirees and a $1,000 annual 401 lump sum to offset health care costs for employees who don’t get

The contract may have been sunk by high expectations Fain has set in bargaining with Detroit’s three automakers. In those talks, the UAW has asked for 36% raises over four years, while Ford has offered 23% and the other two firms are at 20%.

 

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Workers at Mack Trucks reject tentative contract deal and will go on strike early MondayThe United Auto Workers union says members at Mack Trucks have voted down a tentative five-year contract agreement reached with the company and plan to strike at 7 a.m. Monday. Union President Shawn Fain said in a letter to Mack parent company Volvo Trucks that 73% of workers voted against the deal in results counted on Sunday. The UAW represents about 4,000 Mack workers in three states. Union leaders had reached a tentative agreement on the deal Oct. 1. The deal included a 19% pay raise over th
Source: AP - 🏆 728. / 51 Read more »

Workers at Mack Trucks reject tentative contract deal, will go on strike MondayUnion President Shawn Fain said in a letter to Mack parent company Volvo Trucks that 73% of workers voted against the deal in results counted on Sunday.
Source: MarketWatch - 🏆 3. / 97 Read more »