I can't believe they have been on strike for almost a month already. I thought they would have had this sorted out by now.
Not intending to defend the union here, but if they just kept working then the company would have no incentive to negotiate. At some point they have to strike otherwise companies would not take them seriously. In other words, when a company tries to call their bluff, they have to prove it's not a bluff.I never truly understood the whole strike mentality. I understand they are unhappy with whatever is happening in the company and I am not updated on the details. However why not continue working and have the the union bargain a new agreement while doing so. This way they continue to make money and do not affect some 30,000+ workers. I mean losing a month's wage is irreparable, there is no way even if they receive a raise that they will ever make that lost money back.
Because usually they sign a contract with a bonus that will cover a month of pay atleast. Then you would have to realise that it just might be worth striking for to keep $14 an hour pay.I never truly understood the whole strike mentality. I understand they are unhappy with whatever is happening in the company and I am not updated on the details. However why not continue working and have the the union bargain a new agreement while doing so. This way they continue to make money and do not affect some 30,000+ workers. I mean losing a month's wage is irreparable, there is no way even if they receive a raise that they will ever make that lost money back.
There was another article posted about 2 weeks ago I think and they were indicating a 3 to 4 months supply of GMT 900 trucks & suv's. So some strike time won't necessarily be bad, though I would be concerned about supply impact for the Hybrids as they may or may not have enough product built.Has anyone done an analysis on the current inventory for days of supply in our new and pretty lousy economic climate? These are all mostly trucks/SUVs. The DOS numbers last a little longer than originally expected due to demand. Let's hope this does not put a longterm hurt on GM.
From what I've seen of union negotiations, there's always a signing bonus, regardless of when the contract is signed. So in reality, you are losing a month's pay (or the bonus). If you'd negotiated earlier, you'd have both.Because usually they sign a contract with a bonus that will cover a month of pay atleast. Then you would have to realise that it just might be worth striking for to keep $14 an hour pay.
Because if they did that, they wouldent be the overpaid compulsive complainers known as the UAWI never truly understood the whole strike mentality. I understand they are unhappy with whatever is happening in the company and I am not updated on the details. However why not continue working and have the the union bargain a new agreement while doing so. This way they continue to make money and do not affect some 30,000+ workers.
The workers won't be able to last 3 to 4. I worked in a food warehouse that went on strike for 3 months. It cost everyone involved tons of money. The guys on the line blew through their savings, the local used up all it's strike fund and was preparing to dip into the international fund. The company took the largest hit. Over 16 million in 3 months in expenses and lost sales, they still don't know the long term damage it caused in lost customers/market share.I think this could help GM with their inventories of GMT 900 and with Gas prices on the climb I think that with current inventories GM can hold for about 3 to 4 months
They had a Billion I think in the Strike Fund.The UAW has been striking a lot lately, I wonder how much cash they have?