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Thursday, 22 September 2011

Union are now deal with GM : It's all about jobs

Gm_deal
Jobs — and not necessarily cash, or new benefits — have proved to be the centerpiece of the fresh four-year deal that said the United Auto Workers union and General Motors.

That does not mean that the agreement does not include some of the financial benefits designed to cure the frustrations of GM workers, who have made major concessions in the past four years to help revive the automaker's long problems.

Among other things, the union has shown, the new four-year agreement includes a signing bonus of $ 5,000, $ 4,000 in "inflation protection", and another $ 3 an hour for the second category employees earn half that line workers the veteran.Vcommindia News

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