I really feel bad for them having to work 40 hours for 40 hours pay.Lotta bragging. Not much gratitude for where the paycheck comes from.
View attachment 309107
UAW members on GM picket line wear special masks after learning of tentative agreement
UAW members on the picket line outside a GM parts center in Pontiac showed their enthusiasm for Shawn Fain after news of tentative agreement.www.freep.com
Socialists/communists, usually support other socialists/communists.
The employer is the enemy.Lotta bragging. Not much gratitude for where the paycheck comes from.
But his money is your friend.The employer is the enemy.
Lotta bragging. Not much gratitude for where the paycheck comes from.
But with the 25%(!) raise, they're actually getting 50 hours' pay for 40 hours' work.I really feel bad for them having to work 40 hours for 40 hours pay.
That's great because I read on INGO the price of cars have nothing to do with labor costs.But with the 25%(!) raise, they're actually getting 50 hours' pay for 40 hours' work.
I hear ya. I wouldn't say that they've priced me out of their products, but the increase in cost combined with their attitude of entitlement has inclined me elsewhere.The Golden Goose, while it lasts. They've priced me out of their products. And I'm not poor. Bet there's lots of others just like me.
.
I did not say that. But this is INGO, what one actually says is not as important as what people want to say one says…That's great because I read on INGO the price of cars have nothing to do with labor costs.
That is over the 4.5 year life of the contract, so it isn't really that crazy.But with the 25%(!) raise, they're actually getting 50 hours' pay for 40 hours' work.
But that disproves everything the socialists/communists say. According to the socialist/communist leader of the UAW what Toyota just did is an impossibility.
Also, it puts them close to where they'd be if they hadn't conceded the COLA raises. The real question is, is that labor worth that wage? In absolute terms, I'd say not. There are a lot of general labor jobs, even union jobs, that aren't any less hard or complicated, that may a ****ton less. It is apparently worth it to the company in the long run, though and that's the thing that matters in terms of value.That is over the 4.5 year life of the contract, so it isn't really that crazy.
Competition in a market, even if it's a market influenced by artificial pressures, is going to guarantee that. Car companies that compete in US markets are going to have to pay their employees more. And if for no other reason, Fain has publicly targeted them for trying to force unions on them.
If the government repeatedly does bail-outs for the union auto industry do the companies themselves have much incentive to hold the line in contact negotiations beyond the next corporate earnings?
Other question:
If the unions repeatedly renegotiate contracts when the economy blows up do the companies themselves have much incentive to hold the line in contact negotiations beyond the next corporate earnings?
I am not seeing much risk in the companies giving in on the contract negotiations as there seems little risk in the corporate suite…
It is apparently worth it to the company in the long run, though and that's the thing that matters in terms of value.