As a measure to supply with fresh money the union fund that usually supports workers when they go out on strike, the United Auto Workers (UAW) raised its membership fees by 25%. Such hike hasn’t happened since 1967.
So far the dues were equal to two hours of regular monthly pay, and now the sum will equal two-and-a-half hours.
UAW voted the increase at a time when the auto industry reported the strongest annual US sales rate in May since the recession started in 2008.
Some 200,000 of the UAW’s members work in the auto industry, including at the three US-based automakers.
After the increase, a veteran UAW-represented worker who makes $28 per hour at General Motors Co., Fiat Chrysler Automobiles and Ford Motor Co., will have to pay union monthly dues of $70.32, up from $56. A worker who’s been recently hired and is making $15.78 per hour, will have to pay monthly dues of $39.45, up from $31.56.
The union management gave reasons for the hike saying that the fund needed to be replenished after it shrunk to $600m from more than $1b ten years ago.
Read the full story at The Guardian