PDF4PRO ⚡AMP

Modern search engine that looking for books and documents around the web

Example: barber

CONTRACT SUMMARY: HOURLY WORKERS - UAW

1 HIGHLIGHTSJob Security and Investment - New plant, 7,900 new jobs; $9 billion total investment Product commitments obtained $ billion in new productinvestments $ billion in previously an-nounced investments, includinga new Detroit plantSigning Bonus $9,000 signing bonus for quali-fied seniority employees $3,500 signing bonus for tempsHealth Care - Health Insurance parity for all in-progression em-ployees Health care protected from costshifting In-progression employees (64%of all FCA employees) will havethe same health care benefitsas traditional seniority full-timeemployees, including dental andvision Prescription drug coverage forSupplemental EmployeesSkilled Trades - Two $1,000 tool allowancesWages - All full-time employees at top rate in four years All current seniority productionemployees at top- wage parity bythe end of the contractProfit Sharing - Cap removed; increase to employees Formula increased from $800per 1% of profit margin to $900per 1% of profit marginSupplemental Employees - Path to full-time; Path to full-time top- wage for all employees Supplemental Employees willbe promoted to full-time statushired by corporate service inlabor market prior to hiring offthe streetRetirement Packages $60,000 for eligible HOURLY Belvi-dere, Marysville Axle, Mt.

Wages - All full-time employees at top rate in four years All current seniority production. employees at top-wage parity by. the end of the contract. Profit Sharing - Cap removed; 12.5% increase to employees Formula increased from $800 per 1% of profit margin to $900. per 1% of profit margin Supplemental Employees - Path

Loading..

Tags:

  Contract, Summary, Parity, Wage, Contract summary

Information

Domain:

Source:

Link to this page:

Please notify us if you found a problem with this document:

Spam in document Broken preview Other abuse

Transcription of CONTRACT SUMMARY: HOURLY WORKERS - UAW

Related search queries