"GM's Ongoing Offers and Strikes: Latest Updates on UAW and Unifor Negotiations"

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Source: CBS News
"GM's Ongoing Offers and Strikes: Latest Updates on UAW and Unifor Negotiations"
Photo: CBS News
TL;DR Summary

General Motors has shared its latest offer to the United Auto Workers (UAW) as the strike against the Big Three automakers continues. The offer includes a 20% wage increase over the life of the agreement, with a 10% increase in the first year. Most UAW employees will make $39.24 per hour by the end of the agreement. Other provisions include paid parental leave, increased vacation time, and improved retirement security. The UAW has not accepted any counteroffers from the automakers, and negotiations are ongoing.

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