US Auto Workers Get First Raise In A Decade

[Purveyor]

US auto workers won their first raise in a decade in a deal with Fiat Chrysler’s US subsidiary that will be used as a template for talks with General Motors (NYSE: GM – news) and Ford, their union said.

The United Auto Workers union succeeded at clawing back some of the major concessions made in order to help the Detroit Three carmakers survive the 2008 financial crisis.

But while the wage gains are significant, the UAW was not able to fully close a much-maligned pay gap between newer hires and those with seniority.

--CLIP
Workers with seniority who currently earn between $28 and $33 an hour will get three percent raises in the first and third year of the contract and lump sum payments in the second and fourth years of the contract.

Those on the ‘second-tier’ who were hired after 2007 will see their hourly wages increase from the current rate of $16 to $21 up to $22 to $25 over the course of the four-year contract.

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http://www.rawstory.com/2015/09/us-auto-workers-get-first-raise-in-a-decade/

[Historic NY]

1. Jobs they wouldn't have had with the let them go bankrupt...

strategy of the GOP.