New offer: Deere workers would get 10% raises

Union workers at Deere & Co. would receive pay raises and a ratification bonus if they approve a tentative contract between the farm-equipment maker and the United Auto Workers union.

By

National News

November 2, 2021 - 10:23 AM

MOLINE, Ill. (AP) — Union workers at Deere & Co. would get wage increases of 10% in the first year and 5% each in the third and fifth years under a tentative contract reached between the farm-equipment maker and the United Auto Workers union.

The workers would get 3% lump sums in the second, fourth and sixth years of the deal. They would also get a ratification bonus of $8,500 and no changes in the cost of their health insurance, according to a summary of the agreement posted Sunday on the union website.

The company and the UAW reached a tentative agreement Saturday that would cover more than 10,000 workers at 12 Deere locations in Iowa, Illinois and Kansas. However, a strike that began Oct. 14 will continue while workers review the terms of the deal ahead of a ratification vote.

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