Tag

Union Agreement

All articles tagged with #union agreement

business2 years ago

Ford's UAW Deal: Investments, Bonuses, and Controversy

The United Auto Workers (UAW) union has approved a tentative agreement with Ford Motor, which includes $8.1 billion in new plant investments, $5,000 ratification bonuses, 25% compounded wage increases, and improved profit-sharing payments. The agreement will now be presented to UAW-Ford members for voting. The deal also includes benefits such as job security, easier organizing rights at battery and electric vehicle plants, and enhanced retirement benefits. While the agreement falls short of some initial goals, the UAW plans to use it to support organizing efforts beyond the "Big Three" automakers.

business2 years ago

Ford Workers Approve UAW Deal for Battery-Plant Pathway

Ford Motor Co. workers, represented by the United Auto Workers (UAW), will vote on a new agreement that includes provisions for battery-plant workers to join the union, the restoration of lost benefits, and the elimination of certain wage tiers. The deal, which follows a 41-day strike, includes $8.1 billion in investments, compounded base wage increases, improved conditions for temporary workers, and contributions to retirement plans. If ratified, the agreement would mark a major victory for the UAW and its president, Shawn Fain. The UAW has also secured a tentative agreement with Stellantis NV, while negotiations with General Motors Co. continue.

business2 years ago

Unifor and General Motors Reach Tentative Deal: Key Details Revealed

Unifor, the union representing autoworkers in Canada, has released the details of its tentative agreement with General Motors (GM). The agreement includes the conversion of full-time temporary workers to permanent positions, pay raises for production workers and skilled trades, a reduction in the time it takes to reach top pay, and the reactivation of a cost-of-living adjustment. If ratified, the agreement will cover 4,300 members at three GM facilities in Canada. Ratification meetings and voting are taking place, with results expected to be released on Sunday.

entertainment2 years ago

Taylor Swift's 'The Eras Tour' Secures SAG-AFTRA Interim Agreement, Reveals Duncan Crabtree-Ireland

Taylor Swift's concert film, "The Eras Tour," has received approval from SAG-AFTRA through an interim agreement, according to the union's National Executive Director Duncan Crabtree-Ireland. Swift approached SAG leadership to ensure the film's release followed union rules, and it has been covered and approved under the interim agreement. The film, produced by Swift's company and distributed by AMC Theaters, has already grossed over $37 million in ticket pre-sales and is set for release on October 13. Crabtree-Ireland praised Swift for her collective thinking and support of smaller artists.