CAW reaches tentative agreement with Ford
9/18/12, 07:34 AM
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CAW reaches tentative agreement with Ford
http://www.autoblog.com/2012/09/17/c...ent-with-ford/
The deal that has been agreed upon will run for the next four years and cover around 4,500 Canadian Ford employees. CAW members will see no base wage adjustments under the plan, though hourly employees will receive lump sum payments. Further, the automaker will create an additional 600 jobs in Canada.
The union was unable to secure cost-of-living adjustments for its retired members, however, and there are to be no changes in the overall structure of pension plans.
The deal that has been agreed upon will run for the next four years and cover around 4,500 Canadian Ford employees. CAW members will see no base wage adjustments under the plan, though hourly employees will receive lump sum payments. Further, the automaker will create an additional 600 jobs in Canada.
The union was unable to secure cost-of-living adjustments for its retired members, however, and there are to be no changes in the overall structure of pension plans.
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