UAW National Negotiators Reach Tentative Agreement With Ford on Record Contract | UAW
https://uaw.org/uaw-national-negotiators-reach-tentative-agreement-ford-record-contract/
Oct. 25, 2023 – Today our national negotiators reached a tentative agreement with Ford on a record contract. In a video announcement, UAW President Shawn Fain and International Vice President Chuck Browning gave an overview of the tentative agreement and explained our next steps. Following is a full transcript of their remarks. You can watch
The strike has lasted 40 days so far. The UAW National Negotiation team has reached an agreement with Ford. It still has to be voted on by union members, a process which could take up to a week.
The new contract includes: 25% general wage increase, return of Cost of Living Adjustment (COLA), 150% wage increase for temporary workers, end of wage tier system at Sterling Axle and Rawsonville, bonuses to retirement plans (401k and pension), and the right to strike over plant closures.