Teamster Buyout?
- Thread starter nWo
- Start date
UnionStrong
Sorry, but I don’t care anymore.
nWo
Well-Known Member
Offered made to the Jeep plant in Toledo. Just for reference what other recent union buyouts look like.
Employees with 15 years of tenure qualify for a $50,000 payout, whereas employees with a minimum of 25 years may qualify for a payout of $72,000. In addition, the automaker will also cover six months of medical coverage, excluding dental benefits. However, it’s highly unlikely that every applicant will be approved as the decision is up to management discretion and based on business needs. The buyout period will run from March 18 to May 8, with employee departures starting as early as one week after approval and as late as September 30.
www.cbtnews.com
Also looks like some GM employees got $50,000 in 2024.
.
Employees with 15 years of tenure qualify for a $50,000 payout, whereas employees with a minimum of 25 years may qualify for a payout of $72,000. In addition, the automaker will also cover six months of medical coverage, excluding dental benefits. However, it’s highly unlikely that every applicant will be approved as the decision is up to management discretion and based on business needs. The buyout period will run from March 18 to May 8, with employee departures starting as early as one week after approval and as late as September 30.
Stellantis offers UAW workers buyouts as part of cost-cutting strategy
Stellantis offers UAW workers buyouts up to $72K as part of its cost-cutting plan, aiming to stabilize after a tough 2024.
www.cbtnews.com
Also looks like some GM employees got $50,000 in 2024.
UAW negotiates to increase number of GM workers eligible for buyout program
The UAW has negotiated for 1,412 General Motors Co. production workers to receive the buyout offer they wanted, up from an initial total of 748.
www.detroitnews.com
.
Similar threads
