Additionally, all tiers would be eliminated while wage progression would be reduced by more than half the time it takes to earn top wages. Average new hires will earn six figures by the fourth year. Temporary employees would be included in profit sharing and full ratification bonus, Ford said.
"Ford’s latest offer provides our 57,000 UAW-represented employees with a record contract and a strong future," a release detailing the offer said. "Ford’s offer includes unprecedented improvements in wages and benefits, product commitments for every UAW factory, and job security. At the same time, it preserves Ford’s ability to invest and grow."
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