Posts tagged profit-sharing
Volkswagen Breaks Off Talks With UAW Local in Tennessee
September 18, 2025 // Volkswagen VOW -1.85%decrease; red down pointing triangle made its “last, best” offer Wednesday to hourly workers represented by the United Auto Workers at its Tennessee assembly plant, and it is up to the union whether to put the proposed contract to a vote, the German automaker said. Volkswagen is offering an immediate pay hike of 5% and subsequent annual increases of 3% to 6% over four years, according to a company official. VW says a worker at its top hourly wage would earn nearly $80,000 in 2026, including an attendance bonus, before overtime and profit-sharing. Over four years, wages would rise by 20%, the company estimated.
Shawn Fain, Who Pledged to Reform U.A.W., Faces Internal Dissent
September 16, 2025 // The dissident workers’ main complaints about Mr. Fain are rooted in internal union matters like budgets and his treatment of other union officials, rather than in grand philosophical disagreements about labor and political issues. The people seeking to oust him say that he has spent too much of the union’s money on organizing campaigns in the South and other initiatives they consider misguided. They contend that he has improperly stripped two board members of critical duties and say he failed to prevent a Michigan-based automaker from laying off thousands of workers.
Blizzard’s Overwatch Team Just Unionized: ‘What I Want To Protect Most Here Is The People’
May 12, 2025 // The Overwatch 2 team at Blizzard has unionized. That includes nearly 200 developers across disciplines ranging from art and testing to engineering and design. Basically anyone who doesn’t have someone else reporting to them. It’s the second wall-to-wall union at the storied game maker since the World of Warcraft team unionized last July.
GM profit sharing: Here’s the record amount UAW members will get for 2024
January 28, 2025 // The previous record of up to $12,750 for about 42,300 eligible hourly employees was set in 2023. Last year, GM paid roughly 45,000 workers up to $12,250. United Auto Workers Vice President Mike Booth said in a letter to members the payments would be distributed on Feb. 28. The payouts will amount to $640 million in cost for the company, GM CEO Mary Barra said in a letter to shareholders.
Daimler workers have been demanding significant raises, reviving the “record profits mean record contracts” slogan of last year’s strike.
April 28, 2024 // Once part of the same company, Daimler Truck split with Mercedes-Benz in 2021. Still, an outcome seen as favorable to workers in North Carolina could give the UAW a boost not only in the upcoming Mercedes-Benz election, but also union drives underway at Hyundai, Toyota, and Honda, other foreign-owned auto plants in the South. The UAW pledged earlier this year to spend $40 million on organizing efforts through 2026, with a focus on the South.
Delta Air Lines, facing another attempt to unionize flight attendants, raises pay
April 24, 2024 // Nelson believes that unions are in a stronger place now, even in the largely nonunion South, where the United Auto Workers won an election last week at a Volkswagen plant in Tennessee. Nelson’s union is seeking an industry-leading contract at United Airlines, which could bolster its case at Delta.
UAW president Shawn Fain on labor’s comeback: “This is what happens when workers get power”
February 26, 2024 // Volkswagen worker Shaun Lawler says skepticism of the UAW runs deep in the community. When asked how his family views unions, he replied, "They don't see it as a good opportunity; they see layoffs." What do they call unions? "They call them communist," Lawler said.
No-Show Workers Add Wrinkle to Stellantis Union Contract Talks
September 14, 2023 // The auto giant has a hard time getting some US factory workers to show up for their shifts. They just don’t align on how to solve it. Stellantis has made fixing absenteeism a priority in contract talks with the UAW for its 43,000 unionized workers. The absentee rate at its US plants was 23% last year, according to a copy of the company’s initial contract proposal reviewed by Bloomberg. Absent workers led to $217 million in lost sales in 2021 and 2022, the company estimated.
The president of the United Auto Workers union has been ousted in an election
March 27, 2023 // A court-appointed monitor declared challenger Shawn Fain the winner over incumbent Ray Curry. Fain's slate of candidates won control of the big union, as workers rejected most incumbents in the wake of a bribery and embezzlement scandal It was the 372,000-member union's first direct election of its 14-member International Executive Board, which came in the wake of the wide-ranging scandal that landed two former presidents in prison. The vote count had been going on since March 1, and the outcome was uncertain going into Saturday because of challenges against several hundred ballots.