Nearly two years after establishing a presence at Volkswagen’s Chattanooga plant (3,000 employees), the United Auto Workers secured an agreement on wages, healthcare costs, and job protection on 19 February. It provides for a 22% phased increase in wages until 2030, as well as a ratification bonus of $4,000, followed by $2,250 for each year the agreement is in effect. It also establishes a value-sharing system of $1,000 to $1,500 per year, depending on the plant’s profits and whether they excee
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Article authors
Antoine Piel
Section Head at Mind HR