Saturday, October 1, 2011

GM Gives US Workers a Lift

"UAW workers get bonuses in GM deal

DETROIT - The United Auto Workers union won $5,000 signing bonuses and the possibility of sweeter profit-sharing checks as part of a new four-year contract with General Motors Co., two people briefed on the talks said yesterday. The deal, reached late Friday, also includes a $2- to $3-per-hour pay raise for entry-level workers over the life of the contract and guarantees of more union jobs, the people said (AP)."

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General Motors workers ratify new labor contract