I hope that you expect to compete with them... it really doesn't matter what anyone else expects.We are expected to compete with them?
I am not suggesting that. I am suggesting that when a floor sweep at GM makes more than a plant manager in the not so cheap Seattle area... then it is very likely that floor sweep is overpaid. I am suggesting that even now those assembly workers you describe receive a total compensation equal to or more than mine... someone with a good career record in mgt of over 20 years. I am suggesting that the market HAS NOT determined those wages and because of that... heavy industry is leaving the US.Should we have to live like that because they do?
Let me sum it up for you also. Yes those things are part of the problem. No those things are not independent or else exclusive of union costs or high labor costs.Let me sum it up for you one more time. It is not mostly the unions that are causing the fall of auto companies in America, it is greed (cars and trucks made in Mexico still 40,000) and poor designs (people not attracted to the product) or the product is very poor quality.
I wish I could give my magic formula to GM and the UAW. I think it would work but it would definitely require both of those leopards to change their spots.Which I will and can argue that GM has some great quality cars like the G6 but not appealing to the public. Finally and lastly it is the market and not meeting the market demands. Now cars are selling just not GM’s does that tell you something?
It would start with a commitment to modernize US facilities rather than moving them overseas... that would require the union to accept some economical labor cuts... ones that don't require the company to pay huge severance costs.
That is still too much... and definitely too much at the others. Out here in the real world people with just as much skill and effort as you all don't earn $6K in 2 or 3 months and get no bonus. $48K far exceeds the annual salary of the average print industry supervisor. Most of the time these guys are promoted tradesmen with 20+ years of very technical experience.If you listen we won’t have to argue this pt again. We have given up cost of living,. We have collected less then 6000 dollars in profit sharing compared to 48000 plus for Ford and Chrysler employees.
I don't really see these "sacrifices" as very sacrificial. Good grief! A bonus of $48K probably pushes these people well over $100K... more than 3 times the median US salary.
News flash... employees aren't CEO's and this class envy thing is sinking your boat. Their salaries are market dependent, they do make decisions that either build or sink a company... I think their salaries are out of line... but that isn't the basis for comparison of GM pension plans.Scott:
The pension plans were too generous to be sustained in a cost effective manner.
Says who Scott. CEO’s are getting millions for retirement and we get 2800 a month.
$2800 a month? You need to get out in the real world. Most people would consider that a pretty good retirement especially if benefits are provided.
Yes it is. You all think because someone else is compensated well that you should get yours to and that somehow its all supposed to work out and everyone else is supposed to be sympathetic when those costs start putting your company out of business.This is envy again rearing its ugly head. GM made billions for shareholders off the backs of these people and you want to tell them they don’t deserve it!
If you can make it work, go for it. But don't expect the rest of us to think GM should be bailed out when this kind of greed permeates both the union workers and management.