UAW mulling first dues hike since 1967
Though still in the discussion phase, the union is faced with dwindling membership and cash, so a rise in dues could help the latter. Presently, union dues are equivalent to 2 hours of wages per month, but officials are considering raising the rate to the equivalent of 2.5 hours. Reuters says that for an auto worker making an entry-level $15.78 an hour, dues would climb from the current $31.56 per month up to $39.45. A veteran worker making $28.125 per hour would get a bigger hike from $56.25 to $70.32.
In 1979, UAW members totaled close to 1.5 million, but recent numbers show that America's largest union is comprised of only about 382,500 members – a 30 percent decrease since 2005 alone. According to the report, union membership across America's workforce is down to just 13.1 percent overall – lower than it's been in over three-quarters of a century.
- Most and least efficient car companies
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models