UAW is pointing to automakers' recent profits as evidence that these companies can afford to increase workers' wages. Bloomberg Law wage data shows labor contracts ratified in the first quarter of 2023 gave workers an average first-year pay raise of 7% - the highest in a single quarter since at least 2007. Last year marked the start of a notable shift: union contracts ratified in 2022 provided workers with the highest average pay raise in more than three decades, according to Bloomberg Law labor data. *Deals include "snap-up" provisions to match pay rates set by competitors.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |