The United Auto Workers released highlights of its tentative agreement with General Motors Co., including an $11,000 signing bonus, and a shorter path of four rather than eight years for new employees to the top wage of $32.32 at the end of the four-year agreement.
The contract also includes a 3 % raise in the second and four year and a 4% lump sum in the first and third year.
Temporary workers with three years of service will become full-time workers on Jan. 6, 2020. and the union won greater say over the employment of temporary workers in various plants, according to the summary. Temporary workers will also get a $4,500 ratification bonus.
The union summary also said that there were no changes in the health-care plan, which costs GM’s blue-collar employees a modest 3% in co-payment and deductible and remains one of the most comprehensive plans in the country.
Profit sharing, which is capped at $12,000 in the current contract, is uncapped in the tentative agreement. In return, GM won the right to close permanently and sell plants in Lordstown, Ohio; Baltimore, Maryland; and Warren, Michigan.
The scandal-ridden Center for Human Resources (CHR) also will be scheduled closure and underutilized CHR headquarters building on the Detroit River will be sold and the money put back into the training programs, which will continue.
Once the union’s GM councils endorses the contract will be forwarded to UAW members for ratification.
The 48,000 UAW members at GM went on strike Sept. 16, and the walkout is now the longest national strike the company since 1970.