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US GM, UAW, labor-management negotiations are moving forward

2019-09-26T02:01:48.690Z


[Detroit 25th Reuters]-General Motors (GM) <GM.N> and the U.S. Automobile Labor Union (UAW) are negotiating a new agreement. However, the years of service are relatively short.


[Detroit 25th Reuters]-General Motors (GM) <GM.N> and the U.S. Automobile Labor Union (UAW) are negotiating a new agreement. However, harsh negotiations continue to resolve key issues such as wages for employees with relatively short years of service and employment security for temporary employees. Several officials revealed on the 25th.

UAW Vice-Chairman Terry Dittes, who is part of GM's approximately 48,000 factory employees, said in a statement on the night of the 25th to the union, Is explained. " “Currently waiting for a response, these exchanges will continue until the negotiations are complete,” he said.

According to stakeholders, there are still some major issues to be solved. Further discussions are scheduled for the night of the 25th, but no agreement on the same day is expected.

GM factory employees who join UAW entered the strike last week in search of wage increases and employment security expansion.

According to analysts, strikes have caused GM to lose about $ 100 million per day.

IHS analyst Joe Langley said that if the strike lasted for two weeks, GM production could drop by about 70,000, making it difficult to make up for this short-term The way of seeing was shown.

According to officials, unresolved key issues include the number of years it takes for employees with short years of service to reach the highest salary of about $ 31 per hour. Currently it takes 8 years, and UAW is seeking a shortened period.

In addition, the temporary workers are closed to regular employment, and there are almost no rights to leave.

Source: asahi

All news articles on 2019-09-26

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