Stellantis’ proposed wage hikes for UAW members would be higher than those offered by rivals Ford and GM, but those two companies offered other payments.
Stellantis offered significant four-year wage increases to its hourly workers represented by the United Auto Workers, as it scrambles to avoid a costly strike.
The current contracts between the United Auto Workers and the three Detroit automakers will expire at 11:59 p.m. on Thursday.on Friday offered significant four-year wage increases to its hourly workers represented by the United Auto Workers, as it scrambles to avoid a costly strike. The automaker's offer would provide a 14.5% wage increase over the four-year term of the proposed deal for most of Stellantis's roughly 43,000 UAW-represented hourly workers. Newer, or in-progression, employees would get a 27% boost to their starting wages and a shorter time period – six years, versus eight years under the current deal – to advance to the maximum wage rate.
The current contracts between the United Auto Workers and the three Detroit automakers will expire at 11:59 p.m. on Thursday. UAW leaders have threatened strikes if no deal is in place by that time. The UAW has never in its history called major strikes against all three Detroit automakers at the same time.
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