Under the new contract workers will receive an immediate 10% raise and an $8,500 one-time bonus.
The deal ratified on Wednesday was the third one offered by Deer after more than 90% of workers rejected the company’s first offer and 55% of workers rejected the second deal which doubled the raises the company was initially offering.
, Deere CEO John May said the company was giving its employees wages and benefits that are “the best in our industries” and in return he expects them to “find new and better ways” to improve the agricultural manufacturer’s competitiveness.“UAW John Deere members did not just unite themselves, they seemed to unite the nation in a struggle for fairness in the workplace.
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