Ford Deal With UAW: How Do Pay Raises Compare To Hollywood Writers, Other Recent Union Wins?

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It’s the beginning of the end for a six-week-long strike on Detroit automakers as the United Auto Workers (UAW) celebrates a tentative agreement with FordMotor Co. (NYSE:F) which, if ratified, would represent a historic win for automotive employees. The agreement, disclosed on Wednesday, adds 25% more salary forFord workers over the span of four-and-a-half years and raises top salaries for production workers to $40 an hour, a 30% jump from a previous 2019 agreement which expired in September. The agreement is relieving pressure from President Joe Biden’s agenda. Biden had taken to the issue pe…

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