UAW says GM outlines EV investment plans, will raise wages for US workers

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UAW says GM outlines EV investment plans, will raise wages for US workers

© Reuters. FILE PHOTO: Shawn Fain, president of the United Auto Workers speaks as U.S. President Joe Biden joins striking members of the United Auto Workers on the picket line outside GM's Willow Run Distribution Center, in Belleville, Way) includes plans for investments around electric vehicles and will raise wages for thousands of U.S. hourly workers at units with lower wage tiers than at vehicle assembly operations.

Temporary workers will have a faster path to full-time status and could see wages rise by about 50% immediately. Temporary workers who convert to full-time status could more than double their hourly pay over the life of the agreement, the UAW said. The GM agreement will move more than 7,000 UAW workers in GM component plants, service parts warehouses and what GM calls"subsystems" operations up to the higher wage levels paid to assembly plant workers.

The new contract would largely unwind a strategy the automaker has used for years to hold down labor costs, UAW officials have said.Now that preliminary approvals for all three contracts are done, UAW leaders will spend the next two weeks working to win"yes" votes from rank-and-file union members at the Detroit Three.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.

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UAW says GM outlines EV investment plans, will raise wages for US workersThe United Auto Workers union said its tentative contract deal with General Motors (GM.N) includes plans for investments around electric vehicles and will raise wages for thousands of U.S. hourly workers at units with lower wage tiers than at vehicle assembly operations.
Source: Reuters - 🏆 2. / 97 Read more »