Academic journal article Monthly Labor Review

Case, UAW Settle

Academic journal article Monthly Labor Review

Case, UAW Settle

Article excerpt

Following a 16-month contract extension, negotiators for the United Automobile Workers (UAW) and Case Corp. (formerly J.I. Case Co.), a major manufacturer of construction and agricultural equipment, reached agreement on a 38-month labor contract covering some 2,800 production, clerical, engineering, and skilled trades workers at five plants in Wisconsin, Illinois, Iowa, and Minnesota. According to a spokesperson for Case, the settlement represents "a significant step forward in positioning the company for continued profitability while maintaining the momentum of [the] restructuring" that Case began a couple of years ago.

The contract provides lump-sum payments in lieu of wage increases. In the first year of the contract, employees will earn bonuses equal to 4 percent of qualified earnings paid during the previous 12 months, and similar 3-percent bonuses in the second and third years. In addition, employees will continue to receive quarterly cost-of-living adjustments, calculated at 1 cent an hour for each 0.26-point change in the Consumer Price Index for Urban Wage Earners and Clerical Workers, with the first 17 cents being diverted to pay for upgrades in benefits.

The settlement includes several changes in pension benefits. …

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