Ford makes UAW a contract offer
Reuters
Published Aug 31, 2023 07:26PM ET
Updated Aug 31, 2023 09:01PM ET
(Reuters) - Ford Motor (NYSE:F) has made a contract offer to the United Auto Workers (UAW), the company said on Thursday.
The contract offer would provide hourly employees with 15% guaranteed combined wage increases and lump-sums, and improved benefits over the life of the contract, the company said in a statement.
Wages, including overtime, and lump-sum bonuses for Ford's UAW-represented hourly workers would increase from $78,000 on average in 2022 to $92,000 in the first year of the contract, the automaker said.
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Written By: Reuters
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