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Toledo Union Journal
Toledo, Lucas County, Ohio
What is this article about?
UAW-negotiated Annual Improvement Factor provides wage hikes of 6 cents/hour or 2.5% to 350,000 GM workers on May 31, 1957, and similar raises to 289,500 at Ford, Chrysler, and AMC on June 1, 1957, plus other plants. Builds on 1948 agreements adding 68 cents/hour total to base rates.
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Thousands of UAW members will be getting wage increases under terms of the UAW-negotiated agreements providing for the Annual Improvement Factor. As of May 31, 1957, some 350,000 UAW members working at General Motors get raises of six cents an hour or two and one-half per cent, whichever is greater.
UAW members employed by Ford, Chrysler and American Motors get their wages upped by a similar margin on June 1, 1957. This applies to a total of 141,000 at Ford; 135,000 at Chrysler; 13,500 at AMC; and additional thousands employed at other UAW-contracted plants who are covered by similar contracts.
Back in 1948, the UAW first negotiated an agreement with GM which set the pattern by providing for an Annual Improvement Factor of three cents. Since then, the Improvement Factor has been raised through negotiations until it reached its current rate of six cents hourly or two and one-half per cent, whichever is greater.
Under the wage formula negotiated by the UAW in 1948, which includes the Annual Improvement Factor and the Cost-of-Living escalator, upwards of 68 cents an hour has been added to base hourly rates. This includes at least 46 cents per hour for Annual Improvement Factor increases and 22 cents an hour Cost-of-Living escalation frozen into base rates.
On top of this, UAW members are currently getting a Cost of Living float of 16 cents hourly.
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Domestic News Details
Event Date
May 31, 1957
Outcome
wage increases of six cents an hour or two and one-half per cent for approximately 350,000 uaw members at general motors effective may 31, 1957, and similar increases for 141,000 at ford, 135,000 at chrysler, 13,500 at american motors, and others effective june 1, 1957.
Event Details
Thousands of UAW members receive wage hikes under Annual Improvement Factor agreements negotiated with General Motors, Ford, Chrysler, and American Motors. The factor, first set at three cents in 1948, has increased to six cents or 2.5% whichever greater. Overall, base rates have risen by 68 cents per hour since 1948, including 46 cents from Improvement Factor and 22 cents from Cost-of-Living escalator, plus a current 16 cents float.