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21,460 Posts
American Axle Strike OVER
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Yea obviously on dope..... Your boss comes up to you, "Hey, from today forward your going to make half the salary you did previously."
I'm sure most people would say, "Thanks boss, my family, my mortgage company among others, really appreciate the generosity, boy I'm glad I work here. No one in their right mind could have any issue with a gesture as such.
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3,272 Posts
Well they didn't have much of a choice and were crazy to strike
anyhoo!
What did they gain? Months of lost wages, ended up with 1/2 pay
anyhoo, a few free dollars courtesy of GM, One plant going bye-bye
and a bunch of them out of a job!
In the process they helped AA bolster its plants production in mexico
and elsewhere along with other outsourcing practices
where they pay pennies per hour thus paving the way for more AA
plants in the US and Canada to close by the time the next contract
comes up...........................
Nothing like cutting off your nose to spite your face !!!!!!!!!!!!
anyhoo!
What did they gain? Months of lost wages, ended up with 1/2 pay
anyhoo, a few free dollars courtesy of GM, One plant going bye-bye
and a bunch of them out of a job!
In the process they helped AA bolster its plants production in mexico
and elsewhere along with other outsourcing practices
where they pay pennies per hour thus paving the way for more AA
plants in the US and Canada to close by the time the next contract
comes up...........................
Nothing like cutting off your nose to spite your face !!!!!!!!!!!!
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40 Posts
Well then, why dont you take a %50 pay cut at your job and see how you tune changes when your scrimping to put food on the table, nevermind the bills.
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734 Posts
What did UAW accomplished. AAM wanted them to drop to $14 an hour with no buyouts or buydowns offered. After the stike they are going to be making $4 more an hour than AAM origiannly wanted. Best of all they will get a $105,000 buydown, Or if they want get a $140,000 buyout.
Yes for UAW the stike was well worth it, Even when they didn't have leverage because of slumping Truck and SUV sales. If the jobs were going to get shipped off anyways, Atleast they got something out of it.
Pay me 2-3 times the market rate for my work for a few decades and I'll gladly take a 50% pay cut in the end.
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11,217 Posts
And the answer to that comment is the same as always...I'll tell my boss to **** his hat and I'll go get another job, with another company making a comparable wage (or maybe even more) using the skill set that I have. The majority of the UAW members cannot do that since they get paid way above their market worth, so nuts to them.
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63 Posts
Why isn't this story on the news ticker?
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11,217 Posts
I don't know why I didn't hear about it until today when I went looking for info. The tentative deal was reached Friday. The voting began yesterday. I had to go looking for the story on Google.com to find something.
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2,443 Posts
Many of us have, and many of us have degrees, you know, edumacashun beyond the 12th grade.
If Bubba thought his $27/hr job was going to be a permanent situation, he was sorely mistaken.
The days of Cletus and Jimbo making huge money the day they are finished with high school are over. The economy is down, I was working 20 hours a week after school and on weekends making $29.25/hr, and that company has gone out of business and we all lost our jobs. We were not given a choice of a lower salary, it was just "the company is going out of business next month, if anyone needs a reference see the manager". However, if we were offered $18/hr or no job, I think every one of us would have taken it. People who were 50 years old lost jobs that month, but we didn't go on strike either.
So now I make next to nothing detailing cars, and work 100 times harder for a boss who is a complete tool. Luckily I am still in university, so while it makes things tougher, I'm not in the same situation as someone who had to support a family and mortgage payment.
So in conclusion, if given the choice between a reasonable salary for your education level and no job, it's probably better to make the reasonable salary than stand in the unemployment line.
Everyone deserves a reasonable wage, but $27/hr plus massive benefits out of high school is not what anyone but you guys think is reasonable.
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579 Posts
Nah, your boss isn't going to say that. He is going to come up to you in the VERY near future an say "Hey, from today forward you are not going to have a job because we are moving production out of the country. You could of helped us out with a pay cut, but now you have nothing. No health benefits, income, future retirement contributions.....nothing"
See, that is the only TRUE alternative to a pay cut. The UAW-CAW needs to come back to 2008 and leave the 1950's behind. There is NO WAY GM will be able to sustain the luxurious pay and benefit packages of the UAW-CAW in the near future. The writing is on the wall and within a decade (probably less) unions are going to see the biggest axe that American unionized labor has EVER seen in their entire history.
You'd be the exception to the rule. Most people would have no problem finding ways to spend that money so ther'd be little left to cushion your cut in pay afterwards.
Ed
$800 million will be GM's tax write off and what they tell investors. In reallity, they didn't lose that much as it saved their bacon on incredibly high inventories of full sized trucks and SUVs.
From the original position taken by the two sides, looks like aam workers get an extra buck an hour from AAM's original proposal and lose 12 weeks of pay while draining the strike fund. They also lost an extra assembly plant. GM will also have to pay up front about $218 million for buydowns and will get a 35-45% reduction in product costs. I think GM wins here, AAM wins here and the employees get a draw, unless they were going to retire anyways and that bonus is a big plus.
Someone had mentioned to get a new supplier. Not so fast, they parts will be almost half off from here on out. Also AAM has produced good quality products.
Even with the buydown on the wages, it is still really hard to adjust your standard of living lower. I bet that buyout will be taxable too unless they spread it out, it will result in a higher tax bracket. Hopefully the workers take the money and payoff everything that they can. Otherwise there will be credit issues and 2nd jobs in the future.
I think you already are... Maybe you should take a 75% cut so your company can ship your job to Mexico or oversea...
If you don't like your pay quit your job but don't cry because some one else makes more money then you.
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8,636 Posts
Stupid question, but whats going on with the strike that is affecting Malibu production?
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4,854 Posts
Yeah, thank god eveyone else is paid based on worth...
The Wall Street guys who steal money are all paid what they're worth.
Every elected official and government worker is paid what they are worth.
The CEOs are all paid what they are worth for sure!
Barry Zito and a bunch of professional athletes are paid what they are worth.
Catholic Priests are paid what they are worth because stopping folks from burning in hell is somehow a thankless job.... at least money wise...
Maybe the drug dealers are paid what they are worth because of supply and demand.
Screw blue collar workers. Just don't expect them to buy to many cars anymore.
Seriously, this does no one any good in the long run and exporting jobs to a foreign supplier only hurt the economy which will eventually effect all of us. Unfortunately, I don't have any solutions but it should be a sad day for all of us. People have a right to be pro or anti union, but none of us should be happy about this or blame the folks who have been damaged.
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