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The Wall Street Publication > Blog > Business > Deere’s Labor Dispute Resurrects Talk of Inflation Adjustments
Business

Deere’s Labor Dispute Resurrects Talk of Inflation Adjustments

Editorial Board Published November 1, 2021
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Deere’s Labor Dispute Resurrects Talk of Inflation Adjustments
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Striking Deere & Co. employees this week are expected to vote on a contract with more protections against rising inflation that resurfaced as an issue in negotiations for the first time in years.

Workers at the farm- and construction-equipment manufacturer are expected to vote Tuesday on a tentative contract that provides them with bigger wage increases than union workers rejected three weeks ago before walking off their jobs Oct. 14. The proposal also would reinstate cost-of-living adjustments to wages for inflation that were stricken from Deere’s last contract in 2015 with the United Auto Workers union, which represents more than 10,000 employees at 14 plants.

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