Canadian Autoworkers Resist Tying Income To Profitability

The CAW is under intense pressure to consider what was once unthinkable: Profit sharing instead of wage increases.

A deal cut by the UAW with the Detroit Three last year, combined with the increased value of the Canadian dollar, is giving the automakers two powerful gambits as they prepare for negotiations to replace a CAW contract that expires Sept. 17.

"I fully believe this will be the toughest round of talks we've ever had outside of the concessionary agreements we did in 2008 and 2009," said Chris Taylor, vice chairman of the CAW's Ford bargaining committee.

 

HughJass - 7/2/2012 11:24:38 PM

+1 Boost

Unions accepting performance based pay? What next, promotions based on merit?

Fat chance.