More than 1,000 CNH Industrial workers, who have been on strike since last May, on Saturday approved a new contract with the maker of tractors, bulldozers, excavators and other heavy equipment. United Auto Workers said union members in Racine, Wisconsin, and Burlington, Iowa. They approved the deal two weeks after rejecting an earlier deal. The union did not release any details of what was included in the agreement. A spokesman for CNH Industrial did not immediately respond to questions about the new contract on Sunday. The company previously said the latest offer rejected by workers included raises of 28% to 38% over four years. Throughout the strike, workers have fought for raises that would help cover rising inflation and not be consumed by rising health insurance costs. Workers rejected a deal with an 18.5% raise over those concerns before the walkout began last May 2. “Our negotiators held firm until the end, even fighting to improve the contract in the face of CNHI’s threats to hire permanent strike replacements.” UAW Vice President Chuck Browning said. “Combined with the incredible support of our members, what has to be endured to achieve this agreement is remarkable.” factories. The UK-based company said its third-quarter profit rose 22% to $559 million. It will release its next earnings report in early February. The CNH strike was one of the longest strikes since the pandemic. Workers at various companies are facing widespread labor shortages. They are demanding and getting significant raises and better benefits. New unions have formed at Starbucks stores and Amazon warehouses, although some locations have not accepted unions. More than 10,000 Deere & Co workers will strike in 2021 on other farm equipment. 10 after the holiday Received % salary increase and improved benefits. nt maker In one of last year’s highest-profile labor disputes, more than 100,000 railroad workers won a 24% raise and $5,000 in bonuses in a five-year contract after Congress stepped in and averted a potential strike. economic consequences. Despite the big raises, many railroad workers remain frustrated with the contract they were given because it didn’t address their quality-of-life concerns about demanding schedules and a lack of paid sick time.
More than 1,000 CNH Industrial workers, who have been on strike since last May, approved a new contract with the tractor, bulldozer, excavator and other heavy equipment maker on Saturday.
The United Auto Workers said union members in Racine, Wisconsin, and Burlington, Iowa, approved the deal two weeks after rejecting an earlier deal.
The union has not released any details about what is included in the contract.
A spokesman for CNH Industrial did not immediately respond to questions about the new contract on Sunday. The company previously said the latest offer rejected by workers included raises of 28% to 38% over four years.
“This agreement reflects the efforts of a determined bargaining team and members who have been on strike for almost nine months,” UAW President Ray Curry said in a statement.
Throughout the strike, workers fought for raises that would help cover rising inflation and not be consumed by rising health insurance costs. Workers rejected a deal with an 18.5% increase over those concerns before the strike began last May 2.
“Our negotiators negotiated tenaciously to the end, even as they fought to improve the contract in the face of CNHI’s threat to hire permanent strike replacements,” said UAW Vice President Chuck Browning. “Combined with the incredible support of our members, it’s remarkable what we had to endure to achieve this agreement.”
CNH Industrial, which employs more than 37,000 people worldwide, continued to manufacture construction and agricultural equipment throughout the strike and tried to keep plants in Wisconsin and Iowa operating. The UK-based company said third-quarter profit rose 22% to $559 million. It will release its next earnings report in early February.
The CNH strike was one of the longest in a string of recent strikes since the pandemic. Amid widespread labor shortages, workers at various companies are demanding and receiving significant raises and better benefits. New unions have formed at Starbucks stores and Amazon warehouses, although unions have been rejected in some locations.
More than 10,000 Deere & Co workers have received a 10% pay increase and improved benefits in 2021 after a month-long strike at another agricultural equipment maker.
In one of last year’s most high-profile labor disputes, more than 100,000 railroad workers received a 24% raise and $5,000 in bonuses in a five-year contract after Congress stepped in and averted a potential strike due to fears about the economic fallout.
Even with the big raises, many railroad workers remain frustrated with the contract they were given because it didn’t address their quality-of-life concerns about demanding schedules and a lack of paid sick time.