Steel Markets
November 19, 2019
Ford, UAW Sign Labor Pact, FCA Negotiations Next
Written by Sandy Williams
United Auto Workers have ratified a new four-year contract with Ford with the approval by 56.3 percent of union members. The new contract includes a $9,000 signing bonus for full-time workers, performance bonuses, two 3 percent annual raises and two 4 percent lump sum payments. Health care costs remain unchanged.
“Every Ford employee and temporary employee will be at the top-rate for full-time status at the end of this four-year agreement,” said Acting UAW President and Director of the UAW Ford department Rory Gamble. “This is a life-changing contract for many and provides a template for all future Ford UAW members to a full-time, top-rate status. There will be no more permanent temporary situations and no more permanent tiers.”
