GM has put a new offer on the table in ongoing negotiations with the United Auto Workers (UAW). The UAW is currently striking at several GM facilities, with the initial walkouts staged last month following the expiration of the previous labor contract on September 14th. The targeted UAW strikes have resulted in disruptions and layoff at several other GM facilities.
Per a report from Reuters, GM said it had submitted its sixth contract proposal since negotiations began. The UAW and GM first sat down to discuss the new contract in July.
“We believe we have a compelling offer that would reward our team members and allow GM to succeed and thrive into the future,” GM said in a statement. “We continue to stand ready and willing to negotiate in good faith 24/7 to reach an agreement.”
UAW officials did not comment. However, a source familiar with the matter did indicate that contract negotiations had progressed in a few key areas. The UAW reportedly submitted its previous counterproposal on September 21st.
The UAW has demanded that GM provide a record contract on the back of record profits realized by the automaker over the last several years. The union initially demanded a pay increase of more than 40 percent, while GM has made a counterproposal that includes a 20-percent wage increase. The UAW has also called for a substantial decrease in the time it takes workers to reach top wages, dropping from eight years to 90 days. GM has proposed cutting the time to reach top wages to four years.
The UAW is now striking all three of the Big Detroit automakers, a first in the history of the labor union. It’s estimated that 25,300 workers of the union’s 146,000 membership are currently on strike across the Big Three. One analysis places GM’s losses at $21 million a day.
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Comments
Without seeing much in the way of details, I sure hope it’s not similar to Ford’s luxurious latest offer, which I’m sure would sink them if they don’t move all or most manufacturing out of the States, stat.
I am at a nonunion parts plant
Owned by Forbes 400 BILLIONAIRE LIST. WAGES AND BENEFITS SUCK
IF HE BIG 3 TAKE THEIR 🏭 SOUTH WHERE PAY ISO MUCH LESSTHE UAW HAVE ONLY THEMSELVES TO BLAME. 40 HOUR PAY FOR 32 HOURSWORK 30% RAISE. 🌰 🌰
I am just wondering. Is the UAW making the suppliers whole who are starting to lay off people too and are at the expense of the crossfire? Probably note. And I bet they dont care either. Thanksgiving should be interesting for those layed off at suppliers and those UAW workers all in the family.
These workers want to reach the top of the pay scale in a mere 90 days? That’s INSANE! I say the “big 3” should go find some non-Union workers willing to work for fair pay and good benefits. He!!, GM offered a 20% pay raise, I’d LOVE even a 10% pay raise! Do these workers really think they are making the manufacturers hurt? They’ll just raise prices and continue to rake in profits (which are necessary for research and development and innovation). Get over your egos UAW!
that is the fault of the union.union is there to protect the bums