General Motors' first wage-and-benefit offer to United Auto Workers was castigated as 'insulting' by the union's leader as a potential strike draws closer.
first wage-and-benefit offer to the United Auto Workers on Thursday fell far short of the union's initial demands.
Still, union President Shawn Fain called the offer"insulting." He is threatening to strike against any automaker that hasn't reached a tentative agreement by the time contracts expire at 11:59 p.m. on Sept. 14. A strike against one or more automakers by up to 146,000 autoworkers is a real possibility.GM said in a letter to workers that it's offering a 10% wage increase during a new four-year contract, plus two more 3% one-time payments.
In a text message through a spokesman Thursday, Fain said the proposal"doesn’t come close to an equitable agreement."
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