GM News: GM and UAW Reach A Tentative Deal

[William Maley]

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Minutes before an imposed deadline that could have led union workers to walk out and possibly lead to strike, General Motors and the UAW reached a tentative agreement on a new four-year labor contract.

 

Now specific details of the contract are still under wraps as the UAW's leadership will need to approve the deal before sending out to members for ratification.

 

In a statement released by the UAW, the bargaining committee “secured significant gains and job security protections” in its negotiations with GM.

 

“We believe that this agreement will present stable long-term significant wage gains and job security commitments to UAW members now and in the future. We look forward to presenting the details of these gains to local union leaders and the membership,” said UAW President Dennis Williams.

 

"The new UAW-GM national agreement is good for employees and the business. Working with our UAW partners, we developed constructive solutions that benefit employees and provide flexibility for the company to respond to the needs of the marketplace,” said Cathy Clegg, GM North America Manufacturing and Labor Relations vice president.

 

Source: Automotive News (Subscription Required), Detroit News, General Motors, UAW

 

Press Release is on Page 2

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UAW-GM BARGAINING COMMITTEE VOTES ON PROPOSED TENTATIVE AGREEMENT

• UAW-GM Bargaining Committee Votes on Proposed Tentative Agreement
• UAW National GM Council Leaders to Convene for Vote on Wednesday
• Terms to be announced following Wednesday vote
  

Detroit, Mich. – The UAW-GM Bargaining committee announced at 11:43 p.m.Sunday that they have secured significant gains and job security protections in a proposed Tentative Agreement with General Motors.

 

The bargaining committee unanimously voted to send the proposed Tentative Agreement to local union leaders who make up the union’s UAW National GM Council. The Council will meet in Detroit on Wednesday to discuss and vote on the agreement.

 

“We believe that this agreement will present stable long-term significant wage gains and job security commitments to UAW members now and in the future,” said UAW President Dennis Williams. “We look forward to presenting the details of these gains to local union leaders and the membership.”

 

UAW Vice President Cindy Estrada called the agreement transformative as it gives our members a clear path. “The significant gains in this agreement are structured in a way that will provide certainty to our members and create a clear path for all GM employees now and in the future. The agreement not only rewards UAW-GM members for their accomplishments, but it protects them with significant job security commitments.”

 

Until the UAW National GM Council votes to approve the deal, it is classified as a Proposed Tentative Agreement. The contract language becomes a Tentative Agreement once the Council votes and they have requested details to be held until they review and vote on the proposal. Following Council approval, the UAW will release details of the Tentative Agreement to its membership and the ratification process will begin. A vote of the UAW-GM membership will decide whether or not the deal is finalized.

 

The union plans to make the details of the agreement available immediately after the UAW National GM Council votes on the tentative agreement Wednesday and will have no comment until that time.

 

GENERAL MOTORS STATEMENT REGARDING A TENTATIVE AGREEMENT BETWEEN GM AND THE UAW

 

DETROIT – General Motors and the United Auto Workers reached a tentative agreement at approximately 11:43 p.m. EDT on October 25, 2015.

 

"The new UAW-GM national agreement is good for employees and the business,” said Cathy Clegg, GM North America Manufacturing and Labor Relations vice president. “Working with our UAW partners, we developed constructive solutions that benefit employees and provide flexibility for the company to respond to the needs of the marketplace.”

 

Terms of the four-year agreement are not being shared publicly to allow the International UAW to inform their membership about the agreement and conduct a ratification vote. If ratified, the agreement would cover about 52,600 GM employees in the United States who are represented by the UAW.

 

GM won’t comment further until the contract is ratified.

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[David]

I hope this is approved and moves forward.

[hyperv6]

Lets hope the new GM will not give them anything to go back to work. Their deals in the past built up a legacy they could not afford.

[El Kabong]

Ya... I'm sure the guys writing the checks who agreed to them had nothing to do with it.

Next up: see what Ford does.

[Suaviloquent]

I think legacy costs such as fully-funded pension benefits are definitely going to be extinct someday, even for the UAW. 

 

Contribution plans are the way forward. 

[ccap41]

I think legacy costs such as fully-funded pension benefits are definitely going to be extinct someday, even for the UAW. 

 

Contribution plans are the way forward. 

As they should be, imo.

[David]

+1, pensions are a dying dinosaur. They are not sustainable.