Business Services Industry
Chrysler wages and benefits match GM, Ford
Monthly Labor Review, Dec, 1985 by George Ruben
About 70,000 striking employees of Chrysler Corp. resumed work after the company and the Auto Workers agreed on a 35-month contract. The breakthrough in the negotiations came in late October, when the parties tentatively agreed on the terms, which were subsequently approved by the union's 170-member Chrysler Council and by rank-and-file members.
The union attained its goal of regaining parity with the wage and benefit provisions of its current contracts with General Motors Corp. and Ford Motor Co. However, the possibility of future variations still exists because the Chrysler agreement expires in September 1988, a year after the 3-year agreements at GM and Ford. The UAW had sought a September 1987 expiration date for the Chrysler contract. The company's chief negotiator said that having a different expiration date reduces the "tendency for one-upmanship" between branches of the union. He also maintained that negotiating separately will enable Chrysler--a considerably smaller company with a narrower product line--to tailor contracts to its own needs.
Details of the Chrysler-UAW contract will appear in the January issue of the Monthly Labor Review.
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article


