U.S. automaker General Motors has agreed to hike salaries by 10% this year at its largest Mexico factory, the local union said on Monday, making for one of the biggest recent raises in the sector in Mexico.
A view of the main entrance of the General Motors' pickup truck plant as workers vote to elect a new union under a labor reform that underpins a new trade deal with Canada and the United States, in Silao, Mexico February 1, 2022. REUTERS/Sergio Maldonadohas agreed to hike salaries by 10% this year at its largest Mexico factory, the local union said on Monday, making for one of the biggest recent raises in the sector in Mexico.
The increase, at GM's pickup truck plant in the central city of Silao, will go into effect for one year as of March 25 and tops"This overcomes the two-digit barrier that has not been reached in the automotive industry in many years," SINTTIA said in a statement. It added that the above inflation increase, along with benefits, will help workers recover purchasing power.in the history of GM's Silao plant after workers ousted their long-time labor representatives, opening the door to the prospect of bigger pay raises.
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