The approval of new collective agreements by the United Auto Workers (UAW) marks a significant milestone in the relationship between the three main US automakers, Ford, Stellantis, and General Motors, and their employees. This comes after an unprecedented six-week strike that involved all three groups simultaneously for the first time.
The UAW released a statement announcing that their members had voted to ratify the four-year collective agreements. According to the union, 64% of its members from the three groups voted in favor of the ratification. This approval signifies the end of a lengthy negotiation process and paves the way for a new chapter in the relationship between the companies and their employees.
The new agreements are expected to bring about changes in wages, benefits, and other working conditions for employees of these automakers. The UAW reported that its members will receive record earnings as a result of these changes. The union also expressed its gratitude to its members for their patience and perseverance throughout the negotiation process.
This achievement is a testament to the power of collective bargaining and demonstrates how workers can come together to negotiate better working conditions and compensation with their employers.