Automaker Stellantis has made a counteroffer to the United Auto Workers that includes wage increases in each year of a new four-year contract totaling 14.5%.
Sep 8th 2023 at 4:33PMthat includes wage increases in each year of a new four-year contract totaling 14.5%.
The wage increases, which would be for most workers, don't include any lump sum payments, Mark Stewart, chief operating officer of Stellantis North America, said in a letter to employees.Chrysler, also includes a $6,000 one-time inflation protection payment in the first year of the contract and $4,500 in inflation protection payments over the final three years of the contract.
In addition, the counteroffer includes boosting hourly wages from $15.78 to $20 for temporary workers and up the progression timeline from eight years to six years for employees who are moving through the pay scale from starting wages.
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