The agreements entail reinstating cost-of-living adjustments and more rapid progressions to top wage rates and eliminating the two-tiered wage system.
General Motors (GM) was the last of the three to reach a deal with the union Monday, agreeing to largely the same terms that Ford and Stellantis recently accepted.
The tentative agreements, which still must be ratified by UAW members, would provide a 25 percent general wage increase over the life of the 4.5 year contract, including an immediate 11 percent raise.
Workers who have been with the automakers for at least three years would immediately see their wages jump to the top rate, which is set to reach more than $42 an hour by the end of the contract in 2028.
Some of the lowest paid workers at three major automakers would see substantial raises immediately. For instance, temporary workers at GM could see raises up to 115 percent at the time of ratification, UAW President Shawn Fain said Monday.
“These are huge steps forward in our goal of ending tiers, which have eroded our solidarity and our dignity while making these rich companies even richer,” Fain said in remarks posted to X, the platform formerly known as Twitter.
In the wake of the agreements, the UAW has officially suspended its strike. The union initially launched the strike at handful of plants in mid-September, after failing to reach an agreement with GM, Ford and Stellantis before its prior contract expired.
Throughout the six-week strike, the UAW ramped up the pressure on the automakers, targeting additional plants with surprise walkouts. Before reaching a deal with Ford on Wednesday, more than 45,000 workers total were on strike.
The Hill’s Julia Shapero has more here.
