Using figures obtained a few years ago from the UAW's website, I've calculated that the "typical GM assembler" will earn nearly $73,000 a year over the 4 years of the 2007 contract. This does not includes benefits. It does include the following:
I calculated the yearly earnings from a chart on the site that estimated the performance bonuses: Here are the estimated earnings for each of the 4 years of the contract. To get the yearly base figures for 2008, 2009 and 2010, I divided the bonus by the bonus percentage. For example, the base for 2008 is $2,104 divided by .03.
*The base for 2007 is my estimate based on the other 3 years. The bonus is the contract settlement bonus. |