“Ford Agrees to 25% Wage Hike in Tentative Deal to End UAW Strike”
October 26, 2023
“…Ford agreed to a record 25% hourly wage hike over the life of the contract, which exceeds four years. With cost-of-living allowances, the top wage rate is expected to increase by 33%. The top pay will be over $40 an hour, the union said.
UAW leadership will vote on the deal Oct. 29. It then must be ratified by Ford’s 57,000 US hourly workers, a process that could take weeks.
“We won things nobody thought was possible,” said UAW President Shawn Fain Wednesday night in a video posted on X. “Since the strike began, Ford put 50% more on the table.”…”
https://finance.yahoo.com/news/ford-uaw-reach-tentative-deal-235436345.html
I just want to say this. Strikes are wonderful until companies can’t afford to meet workers demands. At that point the company fires you or shuts down sections of its business. It’s just something to keep in mind.