General Motors has made an offer during labor negotiations with the United Auto Workers (UAW) that has been described as “insulting” by union boss Shawn Fain. This comes as the company seeks to reach a new labor agreement with the union.
Sept. 7 (UPI) — General Motors presented its economic offer to the UAW on Thursday, with the intention of sharing the proposal directly with the union. Mark Reuss and Gerald Johnson, the president and executive vice president of GM, said the following in a statement: “Today we put an economic offer on the table to the UAW. We wanted you to hear about the proposal directly from us.”
The GM executives emphasized the significance of these negotiations for the long-term success of both the company and its employees. They stated that their offer had been carefully developed, taking into account various factors such as the needs of their team members and the offers made by their competitors.
According to the executives, the offer includes wage improvements that they believe are well-deserved and go beyond the terms of a previous agreement reached in 2019. They acknowledged that there is still work to be done but expressed their commitment to moving the negotiation process forward by presenting their offer.
The proposed contract includes a 10% wage increase for the majority of employees, which GM claims is the highest increase offered during a contract renewal in over two decades. However, the UAW is seeking a 40% wage increase for its 46,000 workers over a four-year period.
In response to GM’s offer, Shawn Fain issued a statement, saying, “After refusing to bargain in good faith for the past six weeks, only after having federal labor board charges filed against them, GM has come to the table with an insulting proposal that doesn’t come close to an equitable agreement for America’s autoworkers.”
Fain further expressed the union’s sense of urgency, stating, “GM either doesn’t care or isn’t listening when we say we need economic justice at GM by 11:59 p.m. on Sept. 14. The clock is ticking. Stop wasting our members’ time. Tick tock.”
Additionally, the GM proposal includes recognizing the new federal holiday Juneteenth as a paid holiday and providing a $5,500 “ratification bonus” to all employees.
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