The Traderszone Network

Published in TZ Latest News 23 March, 2015 by The TZ Newswire Staff

GM, Ford to ask UAW for new lower-pay tier in U.S.: Bloomberg

The UAW currently has a two-tier wage system, that includes top-paid $28-an-hour assembly workers and the lower-paid second tier, whose wages top out at $19.28. The automakers would be pushing forth for a third tier wage system for certain lower-skilled jobs, Bloomberg said. “For the 2015 negotiations, we’re open to discussing many different solutions with our UAW partners that will allow us to continue to employ a competitive labor rate and add U.S. jobs and investment,” Ford spokeswoman Kristina Adamski said in a statement. Ford’s hourly labor costs were $57, just behind GM’s at $58.