Mexican Media Brands
New FCA-UAW Labor Deal Would Raise Tier-Two Wage Cap
Fiat Chrysler Automobile NV's tentative new contract with the United Auto Workers union would raise the hourly wage cap on tier-two employees to $29 from the $25 rejected by workers last week, sources tell Bloomberg News.
#labor #workforcedevelopment
Share
Fiat Chrysler Automobile NV's tentative new contract with the United Auto Workers union would raise the hourly wage cap on tier-two employees to $29 from the $25 rejected by workers last week, sources tell Bloomberg News. The current cap is $19.28.
But the new accord still fails to set a limit on how many workers FCA can hire at the lower wage rate, according to Bloomberg's sources. About 45% of Chrysler's workers are tier-two employees, the highest ratio among the traditional American brand carmakers.
As in last week's rejected agreement, the new offer would enable senior tier-one workers to earn nearly $30 per hour in base pay compared with about $28 under the contract that expired on Sept. 14. Details of the new proposed deal will be presented to the leaders of the UAW Chrysler locals on Friday.
RELATED CONTENT
-
CEO Barra Steps into GM-UAW Talks
General Motors Co. CEO Mary Barra met secretly with United Auto Workers union leaders yesterday afternoon, according to the New York Post, which first reported the event.
-
Denmark, 10 Other EU Members Urge Piston Ban
Denmark and 10 other member nations of the European Union have urged the region to allow them to end gasoline and diesel engine sales by 2030.
-
UAW Launches Strike Against GM
As expected, some 48,000 of the United Auto Workers Union members began a strike at midnight Sunday against General Motors Co. facilities in the U.S.