[ad_1]
More than 1,000 CNH Industrial workers, who have been on strike since May last year, approved a new contract on Saturday with a manufacturer of tractors, bulldozers, backhoes and other heavy equipment.
Union members in Racine, Wisconsin, and Burlington, Iowa, approved the deal two weeks after rejecting earlier agreements, according to the National Auto Workers Union.
The union did not disclose details of the contract.
A spokeswoman for CNH Industrial did not immediately answer questions about the new deal on Sunday. The company previously said the last offer employees rejected included a 28% to 38% pay increase over four years.
UAW President Ray Curry said in a statement: “This agreement reflects the efforts of a determined negotiating team and members, who have been on strike for almost nine months.
Throughout the strike, workers fought for pay increases to cover skyrocketing inflation and not be consumed by higher health insurance premiums. Before the strike began on May 2nd last year, employees said these concerns led him to reject a deal that would give him an 18.5% pay raise.
“Our negotiators negotiated tenaciously to the end and fought to improve the deal even in the face of threats from the CNHI to hire permanent strike replacements,” said UAW Deputy Chuck Browning. the president said. You must persevere to fulfill this covenant.
With more than 37,000 employees worldwide, CNH Industrial continued to produce construction and agricultural equipment during the strike and kept its factories in Wisconsin and Iowa running. The UK-based company says its third-quarter profit increased 22% to $559 million. We plan to announce our next earnings report in early February.
The CNH strike was one of the longest in a string of recent strikes since the pandemic. Workers at various companies are demanding and getting huge pay increases and better benefits amid widespread labor shortages. New unions have been established at Starbucks stores and Amazon warehouses, but some locations have rejected unions.
More than 10,000 Deere & Co. employees secured a 10% pay raise and improved benefits after going on a month-long strike in 2021 at another farm equipment manufacturer.
More than 100,000 rail workers on five-year contracts were handed out after parliament intervened to block a possible strike in one of the most high-profile labor disputes of the past year over fears of economic repercussions. received a 24% raise and a $5,000 bonus. Even with significant pay raises, many railroad workers are unhappy with the deals they have been charged because their quality of life concerns regarding tight schedules and lack of paid sick leave have not been addressed.
Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
[ad_2]
Source link
