Dayton Business Journal...
Report: GM and UAW deal includes $5K bonus
by DBJ Staff
Sunday, September 18, 2011 

General Motors Co. will give a $5,000 signing bonus to hourly workers for approving a tentative contract agreement reached going into the weekend by the company and the United Auto Workers union, the Detroit News is reporting. 

The News article said the proposed agreement also includes a pay raise for entry-level workers, profit sharing based on North American profits instead of U.S. earnings and buyout offers to skilled trade workers on the assembly line. 

The tentative deal wraps up seven weeks of sometimes intense bargaining and is a big step to locking in a new four-year contract for GM’s 48,500 workers. 

Despite the General Motors plant closing in 2008, the Dayton region still remains an auto town as it is still home to many auto parts suppliers. 

Chrysler Group LLC and Ford Motor Co. continue to operate under a contract extension as the contracts at The Big 3 Detroit automakers expired last week. 

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