Membership approval of the three-year deal, which was unanimously endorsed by Unifor’s auto bargaining committee, locks in substantial wage gains and pension improvements for workers, and will see Ford invest to expand production at one of its Windsor, Ont. powertrain plants starting in 2025.
Unifor members at Ford Motor Co. of Canada have voted to ratify the tentative collective agreement struck Sept. 19 between union negotiators and the automaker.Unifor said 5,600 members at Ford workplaces in Canada voted on the deal over a period of roughly 24 hours Saturday and Sunday. The union did not release the vote tally. Hourly wages for workers with four or more years at the automaker, the new benchmark to earn top-end production pay, will rise 13.
The new deal also cuts the grow-in timeline to reach full pay in half to four from eight years, allowing new hires to climb the wage grid quicker. On pensions, another of Unifor’s core priorities in this round of bargaining, members currently on defined contribution pension plans will be switched over to superior defined benefits plans starting Jan. 1, 2025.
“This contract invests in our talented and dedicated employees, who remain consistently focused on the critical work of assembling our vehicles, building our engines and components, improving customer satisfaction, and expediting parts delivery service to our more than 400 dealers,” she said in a release.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canadian union Unifor says Ford offers wage increases of 10% for first yearThe agreement also includes a $10,000 productivity and quality bonus to all employees on the active roll of the company and an increase in the monthly basic benefit and special allowance in all class codes across Defined Benefit and Hybrid Pension plans.
Read more »
Canadian union Unifor says Ford offers wage increases of 10% for first year(Reuters) - Ford Motor offered a 10% wage increase for the first year followed by increases of 2% and 3% through the second and third year in their ...
Read more »
Canadian union Unifor says Ford offers wage increases of 10% for first year(Reuters) - Ford Motor offered a 10% wage increase for the first year followed by increases of 2% and 3% through the second and third year in their ...
Read more »
Unifor deal with Ford has up to 22% raise, defined benefits, added engine outputUnifor’s tentative deal with Ford offers considerable immediate wage increases, pay hikes in each of the second and third years of the agreement, a $10,000 signing bonus and a compression of the previous wage grid.
Read more »
Tentative deal with Ford includes largest wage increase in Unifor, CAW historyThe tentative deal from Ford includes a cost of living adjustment that would result in a general wage increase of 10 per cent for Unifor members, effective Monday.
Read more »
Ford offers Unifor wage increases up to 25 per centFord Motor has offered Canadian union Unifor wage increases of up to 25 per cent in its tentative agreement, the union said on Saturday. The agreement provides a 10 per cent wage increase for the first year followed by increases of two per cent and three per cent through the second and third year and a $10,000 productivity and quality bonus to all employees on the active roll of the company, Unifor said.
Read more »