GM's latest offer still falls short of the union's demands. The UAW could strike against all three Detroit automakers next week.
General Motors offered its largest four-year wage increase in decades as part of a new contract proposal to the United Auto Workers.UAW President Shawn Fain called the offer "insulting."UAW Local 5960 member Kinethia Black fills the brakes of a 2022 Chevrolet Bolt EUV during vehicle production on Thursday, May 6, 2021 at the General Motors Orion Assembly Plant in Orion Township, Michigan.
GM's proposed contract also includes two additional 3% lump sum payments resulting in a total wage increase of 16%; $5,500 ratification bonus; $6,000 one-time inflation-recognition payment; and $5,000 in inflation-protection bonuses over the life of the agreement, which in-progression employees are eligible.
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