Fiat Chrysler Said to Pay UAW Members $3,000 Ratification Bonus
- Tentative agreement includes raises for all union workers
- UAW to disclose details to members before votes on approval
Fiat Chrysler Automobiles NV will pay UAW members $3,000 bonuses if they ratify a new contract in the coming days, said people briefed on the matter. While that’s a smaller payout than workers received for approving the previous contract four years ago, the union won raises for all members.
Union members will receive hourly wage increases of as much as a dollar an hour, said one of the people, who asked not to be identified because the details haven’t been explained to members yet. Senior assembly workers, who now make about $28 an hour, would get raises in two steps that could bring their hourly wage to almost $30, said the person. The newer, or second-tier workers, could earn as much as $25 an hour after eight years of service, said the person.