2011-09-29 06:50:33 |
CHICAGO, Sept. 28 (Xinhua) -- Workers in General Motors Co. on
Wednesday approved the automaker's four-year contract with the United
Auto Workers (UAW) union, and the contract came into effect immediately.
The Detroit News on Wednesday reported that 65 percent of GM's production workers and 63 percent of skilled trade workers voted in favor of the deal, ratifying a tentative agreement struck two weeks ago.
According to the new agreement, the workers' entry level pay was raised by three dollars per hour and a 75,000-dollar buyout were offered for skilled trade workers. Workers also will get a 1, 000-dollar "inflation protection" lump sum for the next four years.
Besides, GM will save or create 6,400 new jobs as part of the agreement and bring back work to the U.S. previously destined for Mexico.
The former contract between UAW and GM expired on Sept. 14 and the two sides reached a tentative agreement on Sept. 16. UAW is now still bargaining with Ford and Chrysler on a new contract.
The Detroit News on Wednesday reported that 65 percent of GM's production workers and 63 percent of skilled trade workers voted in favor of the deal, ratifying a tentative agreement struck two weeks ago.
According to the new agreement, the workers' entry level pay was raised by three dollars per hour and a 75,000-dollar buyout were offered for skilled trade workers. Workers also will get a 1, 000-dollar "inflation protection" lump sum for the next four years.
Besides, GM will save or create 6,400 new jobs as part of the agreement and bring back work to the U.S. previously destined for Mexico.
The former contract between UAW and GM expired on Sept. 14 and the two sides reached a tentative agreement on Sept. 16. UAW is now still bargaining with Ford and Chrysler on a new contract.
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