by David Shepardson
(Reuters) – General Motors proposed on Thursday to raise its employees’ wages by 10% and make two additional annual lump sum payments of 3% over four years as part of negotiations with the United Auto Workers (UAW) union.
Last week, Ford proposed a 9% wage hike through 2027 and lump sum payments of 6%, far less than the 46% wage increase requested by the union.
The UAW said 97% of its members voted in favor of authorizing a strike if no agreement is reached.
UAW President Shawn Fain called GM’s offer “an insulting proposal that doesn’t resemble a fair deal for American auto workers.”
Chrysler’s parent company, Stellantis, said Wednesday it would unveil its offer this week.
The existing four-year labor agreements between the UAW and General Motors, Ford Motor and Stellantis expire Sept. 14.
The UAW said it is seeking improvements in wages and benefits, including wage increases of more than 40 percent over four years, significant additional leave and the restoration of defined benefit pensions that had been eliminated. for newer workers.
(Reportage David Shepardson; additional reporting by Ben Klayman; French version Camille Raynaud, editing by Nicolas Delame)
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