USW, Cleveland-Cliffs reach tentative labor agreement that includes 20% hike in base pay
The United Steelworkers union and Cleveland-Cliffs reached a tentative labor agreement after months of negotiation.
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The United Steelworkers union and Cleveland-Cliffs reached a tentative labor agreement after months of negotiation.
Verizon and Fifth Third Bank, both of which have Northwest Indiana footprints, are raising their starting pay to $20 an hour.
People are saying, wait a second, i have an opportunity to be better and improve my place, if you will, my work opportunities. so i think that had a lot to do with it. and i think the companies are realizing now they're paying people more. they raised their base wage to bring people in. we saw some of the largest gains in salary in the restaurant industry. it's gone up 11 to 13%, paying people more. that's a good thing. >> that's a good thing. but i bet people are listening to you saying wages are up, but so is inflation. inflation is eating their wages. >> the president laid out a plan at the...
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UAW leaders say the agreement contains "enhanced economic gains and continues to provide the highest quality healthcare benefits in the industry."