In a new video, UAW President Shawn Fain lays out a key goal of 2023 contract negotiations with General Motors, Ford, and Stellantis: winning back COLA, or Cost of Living Adjustments. Without COLA, inflation has far outpaced the raises UAW members negotiated in 2019. By contrast, CEOs of the Big Three have seen their pay jump over 40 percent between 2019 and 2022. “Inflation is hammering the American people. We see it in the cost of eggs, the price of milk. We feel the squeeze at the gas pump, and when we pay rent. Bills go up and our paychecks don’t. Working people can’t keep up. “That’s why we’re fighting for Cost of Living Adjustments, also known as COLA. “Back in 1946, the UAW went ...
Read more
In 100 days, contracts expire for 150,000 autoworkers at Ford, General Motors, and Stellantis. UAW members are gearing up to win big for working class communities across the country. This contract fight will be the UAW’s defining moment as the auto industry transitions to electric vehicles. We’re setting a new standard, and members are united in the fight for our core demands: Ending wage and benefit tiers that divide workers Bringing back cost-of-living-adjustments (COLA) Job security when companies are making record profits Building a sustainable future for workers who build electric vehicles The Big Three have made a quarter of ...
Read more