Strike at John Deere to end as UAW members ratify contract offer
Source: CNN
9:42 PM ET, Wed November 17, 2021
New York (CNN Business)More than 10,000 workers at John Deere will end a five-week strike and return to work after voting nearly two-to-one in favor of an offer very similar to one they rejected at the start of this month.
The United Auto Workers union announced Wednesday that 61% of members at Deere voted in favor of what the company had described as its last and best offer.
Both offers, the one that was rejected in a November 2 vote and the one accepted Wednesday, contain substantial gains for the union members. Both included a 10% immediate raise, an $8,500 signing bonus, additional 5% raises in the third and fifth year of the proposed six-year deal, and additional lump sum payments equal to 3% of pay in years two, four and six. In addition it restored a cost-of-living adjustment to protect workers from increases in consumer prices. Such clauses used to be common in union contracts but have become relatively rare in recent years.
The union said the offer that is the subject of this week's vote had "modest modifications" from that previous, rejected tentative agreement.
Read more: https://www.cnn.com/2021/11/17/business/john-deere-uaw-strike-vote/index.html
walkingman
(7,684 posts)The Jungle 1
(4,552 posts)Crowman2009
(2,505 posts)Other unions need to strike while the iron is hot. No pun intended.