UAW workers ratify US labor deal with Daimler Truck:
Members of the United Auto Workers on Saturday ratified a new labor contract with Daimler Truck that ...
reuters.com/business/autos-transportation/united-auto-workers-ratify-contract-with-daimler-truck-2024-05-05/
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UAW Secures Major Wage Gains at Daimler TruckMore than 7,300 hourly workers will see at least 25% pay raises over four years, including profit-sharing and cost-of-living adjustments.
Key FactsMay 5, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- The United Auto Workers ratified a contract with Daimler Truck by 94.5%, ensuring a minimum 25% wage increase over four years for hourly employees.
- This agreement covers over 7,300 workers at six southern U.S. locations, including factories in North Carolina and warehouses in Georgia and Tennessee.
- The deal introduces profit-sharing, cost-of-living adjustments, and ends wage tiers that previously paid bus builders less than heavy truck workers.
- Wages will rise immediately by 10%, with additional 3% increases after six and twelve months, significantly boosting pay for the lowest-paid and skilled trades workers.
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United Auto Workers at Daimler Truck approve contract with more than 25% raises: According to the UAW, 94.5% of the 7,300 workers who build Freightliner and ...
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