Posts tagged ratification bonus
VW’s 20% Raise And Bonus Offer Could Make or Break US Union Deal
September 23, 2025 // That’s clear today as Volkswagen recently took the unusual step of publicly addressing their “final contract offer to the UAW.” In a brief statement, the company said negotiations have been going on for nearly a year and their latest offer will be their last.
Union floats offer to end six-week Boeing Defense strike
September 17, 2025 // IAM proposes contract with better bonuses, retirement contributions Boeing calls proposal a 'waste of time' that will prolong strike Boeing says it plans to replace striking machinists with new hires
Boeing hires replacement workers as defense unit strike enters second month
September 8, 2025 // The company had offered a 20% general wage increase, a $5,000 ratification bonus and other improvements. Boeing said the increases could average about 40% taking into account other improvements. The increases would bring average IAM 837 machinist pay to more than $102,000 from $75,000, according to a note from Jefferies last month. Boeing’s defense unit contributed about 30% of the company’s $42 billion in revenue in the first half of this year.
Boeing says no negotiations scheduled, $5K bonus no longer available
August 18, 2025 // Boeing confirms no negotiations scheduled with the machinists union as the strike nears one week.
Boeing’s contract offer rejected by union members
July 29, 2025 // Union members who assemble Boeing's (BA.N), opens new tab fighter jets in the St. Louis area have "overwhelmingly voted" to reject the company's contract offer on Sunday, with the company now preparing for an imminent strike. Boeing's proposal, which was sent on Tuesday to more than 3,200 members of the International Association of Machinists and Aerospace Workers (IAM) District 837, included a 20% general wage increase over four years and a $5,000 ratification bonus, as well as more vacation time and sick leave.
UAW, Blue Cross leaders reach tentative ‘verbal agreement’ that could end 77-day strike
November 29, 2023 // Phone calls between BCBSM CEO Daniel Loepp and UAW President Shawn Fain over the past several weeks produced a "verbal agreement" between the two leaders towards the establishment of a collective bargaining agreement, Blue Cross said late Tuesday. The tentative agreement includes "significant general wage increases," a $6,500 ratification bonus for Blue Cross Blue Shield employees and a $5,000 ratification bonus for employees of BCBSM's Blue Care Network HMO, according to the UAW." Over the years, we have lost so much work. They've taken our work and given it to outside contractors," Gates said in mid-September when the BCBSM employees went on strike. "At one point we were over 4,000, 5,000 people (in the union) across the state. Now we have 1,300 people. So we're tired of bleeding. We're tired of them taking our work.
GM workers ratify new deal narrowly; analyst expects less drama with Ford, Stellantis
November 17, 2023 // "It was really closer than it should’ve been," said Mike Martinez. Nevertheless, General Motors workers voted to ratify the UAW contract - with nearly 55 percent of the membership voting yes. "This wasn’t pretty, there was a 46-day strike," said Martinez. "They got chippy."
Blue Cross shares how much it would pay workers to end strike
November 1, 2023 // The proposal by Blue Cross to United Auto Workers, which represents the striking workers, calls for 23% to 33% in wage increases during the four-year contract, according to the insurer's calculations. It also would shorten the time for Blue Cross workers to progress the salary scale to reach top pay to 10 years, down from what the union says is now 22 years. This decadeslong wait has been an especially sore point for workers on strike, which include those in customer service, billing, claims and maintenance.
Workers at Mack Trucks set to strike after rejecting tentative contract deal
October 9, 2023 // Union workers at Mack Trucks have voted down a tentative five-year contract agreement reached with the company and plan to strike at 7 a.m. Monday, the United Auto Workers union says. Union President Shawn Fain said in a letter to Mack parent company Volvo Trucks that 73% of workers voted against the deal in results counted on Sunday. The UAW represents about 4,000 Mack workers in three states. Union leaders had reached a tentative agreement on the deal on Oct. 1. The deal included a 19% pay raise over the life of the contract with 10% upon ratification. There also was a $3,500 ratification bonus, no increase in weekly health care contributions, increased annual lump sum payments for retirees and a $1,000 annual 401(k) lump sum to offset health care costs for employees who don’t get health insurance after retirement. Fain said in his letter to Volvo Trucks’ head of labor relations that employees working early Monday will exit the factories after performing tasks needed to prevent damage to company equipment.
American Airlines boosts offer to pilots union as air industry travel woes mount
July 25, 2023 // The negotiations between pilots and airlines come amid a travel season that has seen numerous weather-related disruptions that have been exacerbated in part by a shortage of pilots and air traffic controllers, as well as overscheduling by airlines looking to satisfy the rising demand for flights. Earlier this year, the Federal Aviation Administration and airlines moved to reduce their flight schedules in the Northeast by about 10% to give airlines more flexibility when flights are delayed and canceled due to inclement weather. In early July, thunderstorms along the East Coast and in the Midwest disrupted tens of thousands of flights. This summer’s Fourth of July holiday period broke travel records for the number of passengers moving through TSA checkpoints at airports.