WASHINGTON (Reuters) – The United Auto Workers union announced on Saturday that they were paying $ 25 a week to 275 US in strike action for 48,000 hourly workers at General Motors Co ( GM.N ) Dollar as a strike against the dollar will increase, largest US automaker is approaching the end of its fourth week.
Striking union auto workers go over the picket line on 9 October 2019 in front of General Motors' Flint Truck Assembly in Flint, Michigan, USA. REUTERS / Brian Snyder
The talks continued on late Saturday afternoon to try to resolve the longest nationwide problems strike at GM since 1970, both sides said.
The UAW also said it would allow striking members to take part-time jobs without cutting their strike pay as long as they carry out picket duties. The salary increase for strikes was previously set at 1 January.
Also on Saturday, details of a revised GM contract offer were announced, with one person on the case confirming that GM had raised the proposed ratification bonus by $ 1,000 to $ 9,000.
GM has proposed 3% salary increases in the second and fourth year of the four-year contract and 3% and 4% lump-sum payments in the first and fourth years respectively, the person confirmed. The company would agree to permanently employ temporary workers for three years of service, and they would receive a bonus of $ 3,000 if the contract were ratified.
About 7% of GM's hourly workforce is temporary workers.
Details of the revised GM contract offer made earlier this week were first shown in a screenshot posted on Facebook by an ABC TV partner in Flint, Michigan. It is not clear if GM has since revised proposals.
GM wrote in a blog post on Friday directly to the UAW staff, in which he presented his last offer to end the strike. The union responded angrily that the automaker was trying to "keep workers from picketing."
The GM call highlighted the conflict, which has already cost more than US $ 1 billion, and also forced him to close down some 10,000 workers in Mexico and Canada and throughout North America.
The UAW strike began on September 16, when the union demanded higher wages, more job security, more profit, and health care protection. Credit Suisse estimated the loss at around $ 1.5 billion, and the Center for Automotive Research estimated the weekly costs for GM and the UAW strike fund at $ 450 million and $ 12 million, respectively.
As part of its revised bid, GM increased its planned investment in the United States from its previous $ 7 billion to $ 9 billion, a source familiar with the offer said. The UAW responded on Friday with its own counterproposal.
Of the new total, $ 7.7 billion would be invested directly in genetically modified crops and the remainder in joint ventures, including a potential battery plant near the decommissioned factory in Lordstown, Ohio.
The company said the offer also includes higher compensation through wages and one-time payments, preserves industry-leading healthcare without increasing labor costs, and increases profit sharing with unlimited benefits.
One of the five issues still under discussion is the fate of four US factories that GM said they could close.
Reporting by David Shepardson; Edited by Daniel Wallis