Strikes have significant implications for Volvo Group employees, and the company at large. It is important to have a good understanding of strikes and their possible effects.
All UAW-represented employees have the right by law to choose to participate in a strike, and the right to elect not to participate.
- If you are not a member of the UAW or have resigned your membership, you are not bound by the UAW’s bylaws and procedures.
- If the company and the UAW cannot reach an agreement during a strike, the company has the right to hire permanent replacement workers.
Your Pay and Benefits During a Strike
Pay: You will not receive any wages from the company during a strike. If you are eligible, you may receive $100 a day of strike pay from the UAW.
Unemployment Benefits: In Pennsylvania, Maryland, and Florida you are not eligible for unemployment insurance benefits during a strike.
Incentives: Days missed due to a strike will reduce your Total Rewards payments.
Overtime: You will miss the opportunity for overtime at premium pay during a strike.
Retirement: 401(K) contributions by you and by the company are stopped during a strike.
Vacation: Since vacation is based on hours worked, a strike could potentially affect the amount of vacation earned if you have not reached the current threshold.
Healthcare: The company has the right to terminate your healthcare coverage during a strike.