News in Brief
Home
Complete archive of features and news articles, sample policies and procedures, assessments, and surveys.
Network and exchange ideas with other members in the forums or ask an expert in one of the hosted forums.
Access vendor directories, product case studies and showcases.
Read Best in Shows, view our conference calendar, read commentaries and take our news poll.
The Hot List
Blogs
Topic Channels
Comp, Benefits, Rewards
HR Management
Legal Insight
Recruiting and Staffing
Software and Technology
Training and Development
= Member Only
Workforce HR Jobs
Post Your Job
Post Your Resume



Subscribe Now
Workforce Magazine
Subscriber Help
























= Member Only


News in Brief: UAW Ratifies Ford Contract
  

UAW Ratifies Ford Contract
The UAW announced today, November 14, that Ford hourly workers have ratified the tentative labor contract with Ford Motor Co. by a margin of nearly 4-to-1.
November 14, 2007
UAW Ratifies Ford Contract
The UAW announced today, November 14, that Ford hourly workers have ratified the tentative labor contract with Ford Motor Co. by a margin of nearly 4-to-1.

The contract covers about 54,000 active workers at Ford and more than 94,000 retirees and 28,000 surviving spouses, the UAW said. It will expire September 14, 2011.

This was by far the most overwhelming approval among the Detroit 3 contracts. GM workers approved their contract by about a 2-to-1 margin. Chrysler workers narrowly approved their pact with only 56 percent in favor, with very little support from assembly plant workers.

At Ford, 81 percent of UAW production workers voted in favor of the pact, and 71 percent of skilled-trades workers voted yes. Overall, 79 percent of UAW Ford members voted in favor of the contract, the UAW said.

The union reached a tentative agreement with Ford on November 3 without a strike. GM workers waged a two-day walkout, and Chrysler workers struck for about six hours.

The Ford contract contains two key provisions that will help Ford’s balance sheet.

Ford will be able to hire new hourly employees at a lower second-tier wage starting at $14.20 per hour, and up to 20 percent of the total hourly work force can consist of such second-tier workers.

And Ford, like GM and Chrysler, agreed to establish a voluntary employee beneficiary association, or VEBA, to handle retiree health care coverage after 2010.

In return, Ford made guarantees to keep certain plants open, including six plants that were in danger of closing.

This story was filed by Philip Nussel of Automotive News, a sister publication of Workforce Management.

 


News in Brief Archive



Similar Documents

Related Topics









Copyright © 1995-2008 Crain Communications Inc.
All Rights Reserved. Terms of Use Privacy Statement