UAW-GM strike: What we're learning about the tentative agreement

UAW sends tentative contract with GM to membership for ratification vote

UAW sends tentative contract with GM to members for ratification vote

DETROIT – Leadership with the United Automobile Workers union sent a tentative contract with General Motors to its members Thursday for a ratification vote, Local 4 has learned.

The national workers' strike will continue during the vote, officials said.

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GM released the following statement Thursday regarding the negotiations:

"General Motors has reached a tentative agreement with the UAW. We encourage the UAW to move as quickly as possible through the ratification process, so we can resume operations and get back to producing vehicles for our customers. Our goal during these negotiations was to ensure the future of General Motors is one that works for our employees, dealers, suppliers and the communities where we operate. The agreement reflects our commitment to U.S. manufacturing through the creation of new jobs and increased investment."

UAW leaders from all over the country met Thursday at the Renaissance Center to learn the details of the proposed agreement

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The agreement includes an $11,000 signing bonus for full-time workers; part-time or temporary worker will get $4,500. 

GM also agreed to eliminate a $12,000 cap on profit-sharing bonus checks. 

Bonuses and wage hikes will alternate each year. 

Full-time workers will qualify for permanent status by Jan. 6, 2020, and part-time workers can qualify under certain rules by Jan. 1, 2021.

By Sep. 24, 2023, permanent manufacturing employees will make $32.32 per hour.

Retirement bonuses will be available to 2,000 production veterans and 60 skilled trade as a $60,000 bonus to be had for those who retire by February 2020.

The Detroit-Hamtrmack Assembly Plant will remain open, but the Hamtramck Transmission Plant will still close as previously announced.

A summary of the tentative agreement can be found on the UAW's official website here.

Previous coverage:

UAW-GM strikers anxious excitement over tentative deal
UAW-GM: Inside the meeting that could make or break the tentative agreement
UAW members react to deal that could end strike
What's in the deal: UAW, GM motors reach tentative agreement
UAW, GM reach tentative agreement hoping to end strike
UAW, GM reach tentative agreement
Anticipation grows for possible end to UAW-GM strike

About the Authors:

Rod Meloni is an Emmy Award-winning Business Editor on Local 4 News and a Certified Financial Planner™ Professional.

Derick is the Lead Digital Editor for ClickOnDetroit and has been with Local 4 News since April 2013. Derick specializes in breaking news, crime and local sports.