As of Saturday morning, just days before the contract deadline, there’s no deal with any of the Big Three automakers, per the UAW.
On Friday Sept. 8, UAW President Shawn Fain labeled his trash can “Big 3 Proposals.” Fain went over what the current offers on the table look like during a Facebook Live update.
The proposal highlights included around 10% wage increases at Ford and GM, plus multiple bonuses. Stellantis offered up a 14.5% wage increase.
“A 14.5% increase over four years is deeply inadequate,” Fain said. “It doesn’t make up for inflation, it doesn’t make up for decades of falling wages, and it doesn’t reflect the massive profits we’ve generated for the company.”
All the automakers shot down Fain’s 32-hour work week, more than 40% wage increase, retiree benefit bump, return to pensions, and ending the tiered wage system. The automakers did budge on the years needed to get to full scale wages, though.
The current contract expires on Thursday, Sept. 14 at 11:59 p.m. Fain has repeatedly said that is a hard deadline for the union.
He warned that if no deals are in place by Thursday, there will be a strike, potentially against all three automakers.
“Stand up, be ready to stand up for yourselves, for your families and your communities,” Fain said.
More: UAW: Stellantis rejects union demands in counter offer despite ‘having the money’