Striking Deere workers are set to vote Tuesday on new contract offer
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Striking workers for Deere & Co. are scheduled to vote Tuesday on a contract proposal offering bigger raises and bonuses, as the farm-equipment maker tries to end its first strike in 35 years.
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Deere announced a tentative deal on Saturday for a six-year contract that bumps up the raises and bonus levels from a proposal that members of the United Auto Workers union rejected three weeks ago. Workers said the earlier offer of raises and other benefits was inadequate at the same time inflation is at its highest in over a decade. More than 10,000 workers at 14 plants went on strike.
JOHN DEERE REACHES AGREEMENT WITH LABOR UNION FOLLOWING STRIKE
The new proposal would provide 10% raises for this year, vs. the 5% to 6% increase for the first year included in the previous offer, according to a summary of the offer distributed by the union.