Oct 10 (Reuters) – The United Auto Workers (UAW) secured a “major breakthrough” in labor talks with the Detroit Three automakers as General Motors (GM.N) made some concessions by allowing workers at joint-venture battery plants to be covered by union contracts.
Here is a look at the top talking points, and how negotiations have progressed three weeks after the strike began, according to UAW President Shawn Fain and the companies:
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Ford (F.N)
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General Motors (GM.N)
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Stellantis (STLAM.MI)
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Wages
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Top offer of 23% hike.
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Offered about 20% increase.
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21.4% hike.
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Wage progression
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Cut timeline to get to top wage rate to three years from eight.
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Cut timeline to get to top wage rate to four years.
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Cut timeline to get to top wage rate to four years.
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Temporary workers’ wages
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Wages raised to $21/hour.
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Wages increased to $20/hour.
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Wages raised to $20/hour.
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Cost-of-living-adjustments
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Agreed to reinstate cost-of-living allowance.
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“GM isn’t far behind,” Fain said.
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Agreed to reinstate cost-of-living allowance.
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Plant closures
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The UAW can strike over plant shutdowns. Workers get income protection.
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No agreement regarding the issue.
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The UAW can strike over plant shutdowns.
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Retirement benefits
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No agreement to restore pre-2007 defined benefit pension plans.
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No agreement to restore pre-2007 defined benefit pension plans.
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No agreement to restore pre-2007 defined benefit pension plans.
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Battery Plants
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No agreement.
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Agreed to allow workers at joint-venture battery plants to be covered by union contracts.
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No agreement.
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Source: Fain’s statement, company statements
Reporting by Niket Nishant and Abhinav Parmar in Bengaluru; Editing by Shinjini Ganguli and Sriraj Kalluvila
