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Home / Business / Approval of 55,000 UAW workers for the Ford business is not guaranteed. This fix can help.

Approval of 55,000 UAW workers for the Ford business is not guaranteed. This fix can help.



More than 55,000 United Auto Workers employees at Ford are currently vying for a preliminary agreement with the automaker, and although ratification is not guaranteed, a change in voting may be helpful

Ford and the UAW have tentative Agreement on the correction of a "wage transition gap" affecting disadvantaged workers in the meantime. This is a label for employees hired after 2007. Ford employees began agreeing on the agreement in early November The Detroit Free Press reported on the update a few days ago.

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"It was a glitch," said a person with knowledge, according to the Free Press. "This only shows the company's commitment to working with the union to make sure this agreement is what it should be for all employees."

The change means that newer employees, who have already received annual salary increases, will receive a compensation payment to bring them to the level of the new pay scale, which is voted on.

Ticker Security Last Change Change%
F FORD MOTOR COMPANY 9.04 +0.1
5
+ 1.69%

UAW and Ford leaders will know on November 15 whether ordinary members have agreed to the agreement.

This will be the union's first deal with one of the Detroit Three automakers without President Gary Jones since he took the helm in 2018. Jones left the UAW, one of the country's most powerful unions, on Sunday.

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FILE – In this July 16, 2019, file photo, Gary Jones, president of United Auto Workers, speaks at the opening of his contract negotiations with Fiat Chrysler Automobiles in Auburn Hills. Me. Jones suspended paid employees for federal investment

The working group was plagued by allegations of embezzlement in negotiations with General Motors and Ford. In August, agents from the FBI, the IRS, and the Labor Department Jones' house searched and gathered evidence in their investigation.

FOX business requests to the UAW and Ford were not returned immediately.

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