Chevrolet and dodge in trouble?!?!?!?!?!?!?

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Michigan is in such a mess, not only for auto workers but for all of us.
There's no jobs and our homes have no value.

I'm not an auto worker.
I have been out of work for 6 months. I'm embarrassed to say it but I can't find a job that brings home more than my unemployment check.

Most of the jobs I interview for change their minds and decide that they no longer have a position at all.

I would gladly move to find work, but when you owe $160,000 on your house and you can't even sell it for $90,000 what are you supposed to do?

I give myself about 4 more months before I have to forclose and walk away.

I'm so depressed and worried, I can't sleep anymore thats why I'm on here all the time.

sorry for the rant.
 
pdbrady;2565106; said:
Again.....not overpaid directly to your (I'm assuming) pocket. It's all the extra payments that have to be made. Union dues being at the top of that list, and the reason for that comment and the discussion. Besides, don't think you're the only hardworking person because you can say "I work on an assembly line". I guarantee you many of us others work just as hard as you do...and have a third to half the cost of employment ;)

Again pretty ignorant. Its safe to assume your misinformed about the monetary compensation Automakers give the UAW, in fact I would guess you don't know exactly how much the UAW makes.

Next, this isn't a pissing contest and I am not even going to get into whose job is harder or more deserving of the higher wages. Suffice it to say my family has made "a living" in the automaker industry. Enough to buy a modest house, support a small family and enjoy a "middle class life." I myself have not worked more than a handful of jobs, so I can't compare myself to you.

And no I don't work on an assembly line any longer, but while I did I gained a great appreciation for the people who build automobiles.;)
 
greengiant;2565127; said:
I have heard but never witnessed the creation of "labour pools" created from pressure by unions to keep people on staff when times didn't require the extra work force. the problem being the companys used these a a place to put the workers they couldn't fire or lay off. rather than bring those people back when the labour was needed they hired new people. this over time created thousands of people who "worked for GM/Ford/Chrysler" but actually did nothing. I may be wrong but its what I heard if I am wrong set me right

Good point! As this continues even in todays time of crisis. While most employees have been laid off or have had hours cut General Motors and the rest of automakers continue to hire people off the street, obviously for less wages/benefits, compounding the mismanagement of labor expenses. While the UAW takes their kickbacks to look the other way... Trust me the UAW is no friend of the auto worker. Rather a seperate corporate entity exploiting their workers for gross profits.
 
lexi002;2565145; said:
Again pretty ignorant. Its safe to assume your misinformed about the monetary compensation Automakers pay to the UAW, in fact I would guess you don't know exactly how much the UAW makes.

Next, this isn't a pissing contest and I am not even going to get into whose job is harder or more deserving of the higher wages. Suffice it to say my family has made "a living" in the automaker industry. Enough to buy a modest house, support a small family and enjoy a "middle class life." I myself have not worked more than a handful of jobs, so I can't compare myself to you.

No I don't work on an assembly line any longer. But while I did I gained a great appreciation for the people who build automobiles.;)

I wasn't making it a pissing contest, you did. Check your first post. I have read/heard/watched plenty about how much the UAW pulls. Obviously these sources are all I have as I don't live directly nearby. Let me put it this way, I live the same life you described, and I do it WITHOUT the assistance of someone that has to paid an equal amount as I get per hour. I do it on my own. If I don't like the job, I move on. It's that simple. Why support something that is suppose to help you, yet it drives costs of your products to a point that quality has to be sacrificed, corners have to be cut? I have seen the effects of union here, not auto, but union. It gets pathetic. A local distributor had a union strike, so replacement workers (or scabs, as those of the union may know them) were hired. These replacements were harassed, threatened, and even assaulted. People followed them home. They were attacked while in their cars, BY CARS that the union workers were driving. A semi was overturned trying to come and go......just crap....all driven by money....union money. I have no respect for unions of any sort, THEY turn things into a pissing match.
 
lexi002;2565172; said:
Good point! As this continues even in todays time of crisis. While most employees have been laid off or have had hours cut General Motors and the rest of automakers continue to hire people off the street, obviously for less wages/benefits, compounding the mismanagement of labor expenses. While the UAW takes their kickbacks to look the other way... Trust me the UAW is no friend of the auto worker. Rather a seperate corporate entity exploiting their workers for gross profits.

THERE! We have hit middle ground! Agree 100%. :)

edit....the last half of my previous post got cut off.....I'll repost it.
 
Taken from UAW.org

How much are current UAW auto industry wages?
In 2006 a typical UAW-represented assembler at GM earned $27.81 per hour of straight-time labor. A typical UAW-represented skilled-trades worker at GM earned $32.32 per hour of straight-time labor. Between 2003 and 2006, the wages of a typical UAW assembler have grown at about the same rate as wages in the private sector as a whole – roughly 9 percent. Part of that growth is due to cost-of-living adjustments that have helped prevent inflation from eroding the purchasing power of workers’ wages.

What is the compensation for auto industry executives?
The CEOs of Chrysler Group, Ford and GM earned a combined total of $24.5 million in salaries, bonuses and other compensation in 2006.
The next four highest paid executives received average salary and other compensation of $1.3 million at Ford and $1.4 million at GM. These substantial sums do not include the value of stocks and stock options that were also part of executive compensation.

Why is the figure cited as hourly labor costs by the companies so much higher than the wage rates?
In addition to regular hourly pay, the labor cost figures cited by the companies include other expenses associated with having a person on payroll. This includes overtime, shift premiums and the costs of negotiated benefits such as holidays, vacations, health care, pensions and education and training. It also includes statutory costs, which employers are required to pay by law, such as federal contributions for Social Security and Medicare, and state payments to workers’ compensation and unemployment insurance funds. The highest figures sometimes cited also include the benefit costs of retirees who are no longer on the payroll.
 
so part of what I get out of that is if the big 3 go down everyone who is on a "big 3" pension suddenly loses it? so essentially instead of a investment scenario the workers today are paying the pensions of the workers before? I guess that take a rounded $25 wage add his benefits roughly 50% and double it to cover the Retired persons pension and benefits andyou get a $75 per hour cost per working employee no wonder they are going bankrupt. the Company I work for has a matching plan. for every dollar I invest (up to 10% of my gross wage) they match it. say I make %25/hr add 10% for the company cotribution to my "pension". Benefits work out to $8.76 add it up $25+$2.5+$8.76= $36.01 still 1/2 of the $75 it costs the automakers.
 
greengiant;2565379; said:
so part of what I get out of that is if the big 3 go down everyone who is on a "big 3" pension suddenly loses it? so essentially instead of a investment scenario the workers today are paying the pensions of the workers before? I guess that take a rounded $25 wage add his benefits roughly 50% and double it to cover the Retired persons pension and benefits andyou get a $75 per hour cost per working employee no wonder they are going bankrupt. the Company I work for has a matching plan. for every dollar I invest (up to 10% of my gross wage) they match it. say I make %25/hr add 10% for the company cotribution to my "pension". Benefits work out to $8.76 add it up $25+$2.5+$8.76= $36.01 still 1/2 of the $75 it costs the automakers.

:popcorn:

Some more......

According to Forbes:

Labor cost per hour, wages and benefits for hourly workers, 2006.

Ford: $70.51 ($141,020 per year)

GM: $73.26 ($146,520 per year)

Chrysler: $75.86 ($151,720 per year)

Toyota, Honda, Nissan (in U.S.): $48.00 ($96,000 per year)
 
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