DETROIT – United Auto Workers union leaders shared details of the highlights of the tentative agreement with General Motors.
UAW President Shawn Fain and Vice President Mike Booth addressed UAW members at 12 p.m. on Saturday during a live stream.
The UAW reached a tentative contract agreement with General Motors on Monday, Oct. 30. The UAW had already reached tentative agreements with Stellantis and Ford Motor Company, GM was the lone holdout.
According to the UAW, some of the highlights of the tentative deal include the following:
- COLA reinstated
- Battery work included under master agreement
- Wage increase
- Wage tiers eliminated
- No more tiered vacation time
- All new temps covered to in-progression after nine months
- Juneteenth added as holiday
- Right to strike over plant closures, outsourcing, and investment
- Current retirees and surviving spouses to receive $500 annual payments for five years
---> Read more: Tentative UAW-GM deal could end weekslong Big Three auto strike with ‘record’ contracts