Deere & Company and the International Union, United Automobile, Aerospace and Agricultural Implement Workers of America (UAW) today reached a second tentative agreement on a new six-year labor agreement covering approximately 10,100 production and maintenance employees at 12 facilities in Iowa, Illinois and Kansas. Deere and the UAW have also reached a tentative agreement on a new six-year labor agreement covering nearly 100 production and maintenance employees at Deere parts facilities in Denver and Atlanta.
Chuck Browning, UAW Vice President and Director of the Agricultural Implement Department said the agreement contains enhanced economic gains and continues to provide the highest quality healthcare benefits in the industry. “The negotiators focused on improving the areas of concern identified by our members during our last ratification process.”
The UAW will not release details of the Tentative Agreement until members at all John Deere locations have an opportunity to meet and review the terms of their proposed contract.
A summary of the second tentative agreement between John Deere and UAW recently posted on Facebook by UAW Local 281 reveals upgraded wage increases, including a 10% raise in Year 1 and 5% raises in Years 3 and 5. Other notable items on the second agreement were:
- No changes to the current cost of healthcare for UAW Deere workers, including no deductibles and $0 in premiums
- $8,500 ratification bonus
- 2 weeks paid parental leave
- Increased pension monthly payment multiplier from $36 to $48
- Pension age lowered from 62 to 60