Talks resume in American Axle strike against GM
Six-week strike has slowed, stopped production at 30 plants
Face-to-face negotiations resumed this week as the two sides try to deal with issues of wage and benefit concessions sought by American Axle management. The company claims wages and benefits Reuters News story.
The Buffalo News reports the strike’s impact has been significant on workers in that region. With an inventory backlog, GM hasn’t had to worry about being able to deliver cars and trucks, but if the strike stretches much loonger, its poipular Chevy Malibu model may run short on inventory.
On Monday, American Axle CEO and chairman Richard Dauch and UAW president Ron Gettelfinger met privately.
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Annual Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.