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	Alberta Farmer ExpressArticles by Joe White - Alberta Farmer Express	</title>
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		<title>Deere considers rejected offer its &#8220;best and final&#8221; as strike continues</title>

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		https://www.albertafarmexpress.ca/daily/deere-considers-rejected-offer-its-best-and-final-as-strike-continues/		 </link>
		<pubDate>Thu, 04 Nov 2021 13:00:56 +0000</pubDate>
				<dc:creator><![CDATA[Abhijith Ganapavaram, Joe White, Juby Babu, GFM Network News]]></dc:creator>
						<category><![CDATA[Machinery]]></category>
		<category><![CDATA[Reuters]]></category>
		<category><![CDATA[John Deere]]></category>
		<category><![CDATA[reuters]]></category>

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				<description><![CDATA[<p>Reuters – Deere &#38; Co said on Wednesday its latest offer rejected by the United Auto Workers (UAW) union is the U.S. tractor maker&#8217;s &#8220;best and final offer&#8221;, adding that it will keep all options open as the workers&#8217; strike continues. Workers at the Illinois-based company continued their three-week-old strike a day after they voted [&#8230;] <a class="read-more" href="https://www.albertafarmexpress.ca/daily/deere-considers-rejected-offer-its-best-and-final-as-strike-continues/">Read more</a></p>
<p>The post <a href="https://www.albertafarmexpress.ca/daily/deere-considers-rejected-offer-its-best-and-final-as-strike-continues/">Deere considers rejected offer its &#8220;best and final&#8221; as strike continues</a> appeared first on <a href="https://www.albertafarmexpress.ca">Alberta Farmer Express</a>.</p>
]]></description>
								<content:encoded><![CDATA[<p><em>Reuters</em> – Deere &amp; Co said on Wednesday its latest offer rejected by the United Auto Workers (UAW) union is the U.S. tractor maker&#8217;s &#8220;best and final offer&#8221;, adding that it will keep all options open as the workers&#8217; strike continues.</p>
<p>Workers at the Illinois-based company continued their three-week-old strike a day after they voted to reject a second contract between Deere and the UAW union that bumped up wages and bonuses.</p>
<p>&#8220;We&#8217;re focused on getting our employees back to work through an agreement, and as such we&#8217;re not ready to discuss detailed next steps, but all options are on the table,&#8221; Deere said in a statement, but did not mention whether it will replace workers to restart operations.</p>
<p>Deere and the UAW union will continue to have talks, a Deere spokesperson told Reuters on Wednesday.</p>
<p>UAW had said the strike will continue after 55 percent of the workers voted down the agreement.</p>
<p>Workers at 12 facilities in Illinois, Iowa and Kansas rejected the second tentative agreement, prolonging the first strike by the UAW union since 1986, which had lasted for 163 days.</p>
<p>The union said on Wednesday it was too early to comment on its next steps.</p>
<p>Deere would have invested an additional $3.5 billion in its employees through agreements reached with UAW, Deere Chief Administrative Officer Marc Howze said. It has forecast net income between $5.7 billion and $5.9 billion this year.</p>
<p>The world&#8217;s largest farm equipment maker added it will execute the next phase of its &#8220;Customer Service Continuation Plan&#8221;. It did not immediately elaborate on the details.</p>
<p>Deere has already implemented &#8220;cross-training&#8221; &#8212; or training salaried employees in production &#8212; to mitigate the loss of output due to the strike, a person familiar with the matter said.</p>
<p>But brokerage Barclays, using geolocation data, noted Deere&#8217;s Construction and Forestry facilities witnessed the biggest drawdown in activity during the strike.</p>
<p>The latest contract would have provided a 10 percent rise in wages this year, 5 percent in 2023 and 2025, as well as lumpsum bonuses amounting to 3 percent of their pay for 2022, 2024 and 2026, according to UAW.</p>
<p>This was an improvement to last month&#8217;s contract offer, which was rejected overwhelmingly by the workers, who then went on strike.</p>
<p><em>– Additional reporting by Radhika Anilkumar, Kannaki Deka, Aakriti Bhalla and Aishwarya Nair</em></p>
<p>The post <a href="https://www.albertafarmexpress.ca/daily/deere-considers-rejected-offer-its-best-and-final-as-strike-continues/">Deere considers rejected offer its &#8220;best and final&#8221; as strike continues</a> appeared first on <a href="https://www.albertafarmexpress.ca">Alberta Farmer Express</a>.</p>
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