Chrysler 2015 contract negotiations
The UAW's decision to select Fiat Chrysler Automobiles as the lead company for its contract talks with the Detroit Three on Sunday lays out an unexpected road map for the coming negotiations as the union pits itself against the smallest of the automakers and against its CEO Sergio Marchionne, considered the toughest negotiator and an unpredictable corporate chief. The move, which surprised analysts and industry watchers across the nation, came at the end of an antsy weekend for , unionized auto workers at General Motors, Ford and Fiat Chrysler who remain in the dark on the terms of their future employment. The contract expires at p. Wages, health care and securing new jobs will be the the key issues in negotiations, with the UAW pushing to eliminate or better the two-tiered wage system, and create a health care cooperative. Fiat Chrysler is the smallest of the three companies, with the lowest profit margins and the highest percentage of lower-paid entry-level workers seeking higher wages.
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UAW confirms ratification of Fiat Chrysler contract
Fiat Chrysler is surprise lead company in UAW talks
Ratification of the new contract comes just three weeks after the union's members soundly defeated the first agreement that the UAW recommended to its members. Because of the strength and support from our membership, our bargaining team was able to negotiate a contract which promises a secure future for our members, their families and their communities. Historically, the UAW has used the agreement it reaches with the first automaker it selects as a pattern for its contract with the two other automakers. Ford F and General Motors GM , in contrast, currently have contracts that include a cap on the maximum number of entry-level workers. Those agreements automatically bump entry-level workers up to full pay when either automaker exceeds the percentage and Ford and GM may be reluctant to eliminate the cap. Williams also has said he expects to extract more generous agreements from both of those automakers because they are financially healthier than Fiat Chrysler.
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Fiat Chrysler and U.A.W. Reach Contract Accord to Avert Strike
The UAW selected Fiat Chrysler Automobiles as the lead company for its contract talks with the Detroit Three on Sunday, just one day before its contracts with all three automakers are set to expire, in a move that surprised most analysts and those that are watching the negotiations closely. The news of the unlikely lead company comes after an antsy weekend for , unionized employees who remain in the dark on the terms of their future employment. It is a surprising choice in the eyes of many because Fiat Chrysler is the smallest of the three companies, with the lowest profit margins, and the highest percentage of lower-paid entry-level workers seeking higher wages.
Signing bonuses are common with UAW contracts. Watch for additional details.. The two side are committed to exploring the idea but how its addressed in the proposed contract is unclear.
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