Like the GM agreement, a $60,000 retirement incentive is available to all production employees and up to 200 skilled workers who retire under the normal and pre-retirement provisions of the agreement. He added: “Out of respect for our members, we will refrain from commenting or publishing full details of the agreement until the leaders of the UAW-Ford Council meet to verify the details.” “The Ford agreement appears to be largely in line with the GM model, with the exception of the ratification bonus – $9,000 seems more than reasonable because Ford members did not have to go on a six-week strike,” said Colin Lightbody, former fiat Chrysler Automobiles NV negotiator and president of HR and Guru Laboratories Inc. Experts had expected an interim contract with Ford to arrive relatively quickly. GM and UAW had to start from scratch to sign a new four-year contract. Negotiations with Ford – and at Fiat Chrysler Automobiles NV, the last Detroit automaker to negotiate a contract with the union in 2019 – have the advantage of following GM`s model. Ford Motor Co. and the United Auto Workers union said they reached an interim agreement late Wednesday on a new four-year labor pact covering the automaker`s roughly 55,000 unionized employees. The preliminary agreement follows GM`s contract to include annual increases and lump sum payments. Local UAW politicians voted on Friday to send the agreement to their more than 55,000 members for ratification. Voting will begin on Monday and the vote will take place on 15 November. Negotiating teams around Rory Gamble, vice president of ford`s UAW department, and Bill Dirksen, Ford`s vice president of labor affairs, quickly reached an agreement after “seriously” starting the discussion on economic issues on Monday. Contract negotiations with the Detroit Three moved to Ford after GM workers, who were on strike for six weeks, ratified their contracts friday.
“Our national negotiators, elected by their local unions, voted unanimously to recommend the proposed interim agreement to the UAW-Ford National Council,” Gamble said in a prepared statement issued shortly before 9 p.m. .m. “During the General Motors strike, our negotiating team worked hard to maintain productive negotiations with Ford. The typical bargaining strategy has been a very effective approach for the UAW and its members to ensure economic profits in terms of salary, benefits and to secure more than $6 billion in significant product investments in U.S. facilities, creating and maintaining more than 8,500 jobs for our communities. The proposed agreement allowed the UAW-Ford negotiating team to set a cap of 8% for the number of temporary workers For Ford employs across the company and 10% on a given site, unless otherwise authorized by the national parties. The preliminary agreement adopted by UAW leaders on November 1 provides for $6 billion in investments and promises to create or maintain 8,500 jobs. While GM employees received a $11,000 signing bonus, Ford will offer $9,000 to full-time workers at ratification.
“While we will not discuss the details of the preliminary agreement until it is final, we believe it is fair to our employees and retirees and paves the way for ford to increase its competitiveness in the United States,” said Joe Laymon, Vice President of Personnel and Labor Affairs for the Ford Group.