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
-
Tesla Fires Hundreds of Employees It Considers Sub-Par
Tesla Inc. dismissed roughly 400 hourly and salaried employees last week, according to The Mercury News in San Jose, Calif.
-
Japanese Models Top “Most-American” List
The five most “American” models sold in the U.S. in terms of local content and labor all carry Japanese brands, says Cars.com.
-
UPDATE: UAW, GM Reach Tentative Labor Deal
General Motors Co. and the United Auto Workers union have reached a possible deal on a new four-year labor contract covering some 48,000 of the union’s hourly workers in the U.S.