Ford Tentative Agreement Highlights 2019

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Meanwhile, Randy Lashbrook, president of the Romeo engine plant, voted “no” to the provisional agreement. The UAW summary noted that the value of the package was estimated to be 4% in the first year at about US$2700 for production workers and $3200 for craft trades. The effective date is December 2019. While improving the contract is good for workers in preparation because it puts those people higher up the pay scale faster, the debate over the preliminary deal is deep and complicated, said Kurt Kromm, an electrician at kentucky Truck in Louisville and a member of UAW Local 862. The Ford agreement follows the GM model in The Steps and Time. The company said it would close the Michigan Romeo Engine plant, which employs 600 people, once ratified. “The Ford deal appears to be largely in line with the GM model, with the exception of the ratification bonus – US$9,000 seems more than reasonable, as Ford members did not have to endure six weeks of strike action,” said Colin Lightbody, a former Fiat Chrysler Automobiles NV negotiator and president of HR and Guru Inc. In each contract, the automaker outlines investment plans and targets for its plants. In the 2015 agreement, for example, Ford promised to invest $US 700 million in the Louisville assembly plant to increase the production capacity of the Escape SUV. He also announced plans to increase employment at the Kentucky Truck Plant by about 2,500 to add a third layer. The preliminary agreement that was approved by UAW leaders on Nov. 1, which provides for investments of $6 billion and promises to create or maintain 8500 jobs.

While GM workers received an US$11,000 signing bonus, full-time employees at Ford will be offered $9,000 after ratification. The company would contribute $1,000 to the retirement plans of production employees hired before November 19, 2007 and craft employees hired before October 24, 2011. In 2019 and 2021, skilled workers would also receive $1,000 in lump sum payments for tool construction. Marick Masters, a professor of economics at Wayne State University, said a careful review of the interim agreement was needed. Bill Dirksen, Ford`s vice president of labor affairs, simply said in a statement Friday that “Ford can confirm the UAW`s announcement that the UAW and Ford have reached a preliminary agreement on a four-year contract. Further details will be announced at a later date. “It`s about refining the language of the agreement in which they check the accuracy of things to determine if there are any errors…