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UAW Aims to Complete Vote on FCA Contract Next Week
The United Auto Workers union is giving its 40,000 Fiat Chrysler Automobiles NV workers a week to ponder a new proposed four-year labor contract before voting on the agreement Oct. 20-21.
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The United Auto Workers union is giving its 40,000 Fiat Chrysler Automobiles NV workers a week to ponder a new proposed four-year labor contract before voting on the agreement Oct. 20-21.
Workers rejected the previous tentative deal with FCA on Oct. 1 by a 2:1 margin. The UAW typically allows voting to stretch over several days. But doing so means returns from locals that vote early can affect the outcome of later votes elsewhere. One analyst opines to Reuters that the UAW's new ratification strategy may be to give workers more time to analyze a proposal, then compress the voting period to gain a truer voting result.
The new agreement addresses a major concern among workers throughout the U.S. auto industry ending the two-tier wage structure adopted at Chrysler four years ago by narrowing the gap in top hourly wages between new hires and senior workers to $1 by September 2019. The agreement pledges to eliminate the difference entirely by 2023.
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