Word: wages
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Dates: during 1980-1989
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During the contract negotiations that started in July, the union had demanded a series of wage hikes and added benefits, but the most important issue by far was job security. Thousands of autoworkers have been forced to leave the industry in the past three years, as more and more production was transferred abroad and robots moved into plants in the U.S. Now the union was fighting to protect as many of its jobs as possible...
...Chairman Roger Smith last year got a bonus of $865,490 on top of his salary of $625,000. While the award might have been merited in view of the $3.7 billion GM earned in 1983, it was a dreadful labor relations blunder. Workers, who had been enduring wage freezes for more than two years, were outraged. Robert Sidwell, 45, a machinist at the Chevrolet plant in Parma, still has neither forgotten nor forgiven. Said he last week: "One man doesn't deserve that much. I don't care if he's the Queen of Sheba...
...town where life imitates screenplays, business resembles B war movies. Every morning baby moguls strap themselves into their BMWs and zoom off to wage battle and make deals at the studios...
...almost five years, members of the United Auto Workers have given up wage gains and made other sacrifices to help U.S. carmakers survive. Now, mindful of Detroit's record profits and the fat bonuses that auto executives have been paying themselves, U.A.W. leaders are entering the final lap of perhaps the most crucial contract talks in the union's 49-year history. If a new three-year agreement is not reached before the old one expires at midnight on Sept. 14, as many as 465,000 autoworkers may walk out in a strike that could deeply wound...
...pace of the talks quickened last week, the two sides remained far apart. GM and Ford delivered initial proposals that made scant reference to either guaranteed job security or wage hikes, two key worker issues. Complained Stephen Yokich, the U.A.W. chief Ford bargainer: "We're not playing in the same ballpark." In response, the U.A.W. executive board declared both GM and Ford to be potential strike targets, holding open the option of later zeroing in on one firm if bargaining strategy so dictated. Pulling workers off the assembly lines at even a single company could prove costly; when...