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Friday, October 4, 2019

A look back at the last GM/UAW 2015 Contract Summary for hourly workers

  A look back at the last GM/UAW Contract Summary for hourly workers

As the UAW continues to strike for a fair share of GM's huge profits for present and future hourly workers and postal unions strive for a decent wage and benefits, it's a good time to see what the past UAW contract garnered for its members in their last contract (2015). Some of the contract wins included an $8,000 signing bonus, 3% wage increase the first year, 4% lump sum in the second year, 3% wage increase in the third year, and a 4% lump sum in the last year. Additionally, performance bonuses, quality bonuses, $500 retiree gift cards, $60,000 bonus for up to 4,000 taking a retirement. A legal Services Plan. Enhanced relocation benefits and more to include profit sharing. And of course they have pensions and great health benefits as well. Read it here: https://uaw.org/wp-content/uploads/2015/10/64171_UAW-GM-Hourly-Highlights-Revp-11-final.pdf

Reference: uaw.org