UAW Members Are Going to Ratify This?
According to Bloomberg, the new UAW agreement could shift one fourth of GM's union workers into lower-paying jobs over the next four years. Under the new contract, more than 16k jobs will be classified as "non-core" positions– which don't qualify for a full UAW pension or retiree health care. Workers currently in these jobs won't have pay and benefit cuts, but there will be a "special attrition program" encouraging them to leave. Kristin Dziczek, an analyst at the Center for Automotive Research, points out that "non core" refers to any job that doesn't involve bolting bits together. To earn the full $51 an hour in pay and benefits, "you have to run an air gun on the line, and that's not easy work." So workers who used their seniority to get a relatively cushy job (e.g. driving a forklift) will suddenly find themselves SOL. Expect retiree numbers to swell as retirement-eligible workers choose between a pay-off and a significant downgrade in pay and bennies.