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tao
Chaos Impends
Premium
join:2000-12-03
Lansing, MI
·Comcast

Just in case you did not notice...

Yesterday, General Motors invested $2.8 billion in Delphi. $1.7 billion to acquire some un-detailed (pay creditors?) parts, and $1.7 billion to acquire Delphi's Global Steering Division and four parts plants.

Does anyone understand what just happened here?

Regardless of the viability of Delphi, the UAW, and all American unions, have just witnessed the largest screw job of all time. Many of you will state that this was inevitable, but the way this played out is particularly nasty to the men and women who invested their worklife at GM - the Delphi...
--
I play darts: »www.triple20dartingsupplies.com | »www.adaoflansing.com
I support unions: »www.1099alldrivers.org www.1039atu.com


Loco
Premium
join:2002-11-09
So Cal
Beautiful.


tao
Chaos Impends
Premium
join:2000-12-03
Lansing, MI
Then you don't understand... On the other hand, maybe you don't work for a living.


Full Power
"Cloture" is not a word.

join:2009-09-25
Houston, TX

said by tao See Profile :

Then you don't understand... On the other hand, maybe you don't work for a living.
Either way, why not make the point you posted about ? I missed it too ( self employed and doing well ), and would like to know why this is a screw job.


tao
Chaos Impends
Premium
join:2000-12-03
Lansing, MI
·Comcast


1 edit
reply to tao
With the basic understanding that there existing in the USA an average wage. Understanding that with the increase in UAW wages in the 1960s and 70s, there was a leveraged increase in all wages due to the necessity to keep the wages of the bosses, the secretaries, the minions, the executives, the junior executives, etc, etc, etc... paced with the union workers.

GM spins off Delphi. The UAW workers, including union employed MEs and EEs, have the option to transfer to other GM facilities IF they press the matter. They are given promises of all and any kind to get them to stay at Delphi. The union locals all stay and with them all the workers stay put. 3-6 months later Delphi files for bankruptcy protection. Ultimately and generally, all Delphi union employees agree to a 50% pay cut.

Let me take a time out here and ask you how your life would change with a 50% pay cut? Add to that fact the small consideration that you could have exercised a negotiated individual right to transfer to a GM facility that for all the economic strife, has preserved wages... That would be a bit tough to chew on huh?

Flash to yesterday, the circle is completed. While GM is not a strong as when the story when this story started. Doesn't matter unless you happen to be one of those union employed engineers who took a 50% pay cut from the good old GM days, only to find yourself re-employed by GM. Kind of rubs salt in the wound.

It does something else too. Don't forget all those workers who benefited from the wage bump ups earlier in our story. I am not saying there will be wage bump downs, but the impact of the strife in America's manufacturing sector will not miss these workers in the coming years. Downward pressure on wages for the many, starting with the minions and trickling up.

Note: Don't mind me, as a union member I am more than a bit pissed off about this because I know it effects me.
--
I play darts: »www.triple20dartingsupplies.com | »www.adaoflansing.com
I support unions: »www.1099alldrivers.org www.1039atu.com


Full Power
"Cloture" is not a word.

join:2009-09-25
Houston, TX

said by tao See Profile :

GM spins off Delphi.
Thanks for explaining, that is quite a story. I did not know any of that. That is indeed a grave injustice on our freeway race towards a one world company, and away from free-enterprise.

cmaenginsb
Premium,MVM
join:2001-03-19
Palmdale, CA

reply to tao
said by tao See Profile :

With the basic understanding that there existing in the USA an average wage. Understanding that with the increase in UAW wages in the 1960s and 70s, there was a leveraged increase in all wages due to the necessity to keep the wages of the bosses, the secretaries, the minions, the executives, the junior executives, etc, etc, etc... paced with the union workers.

GM spins off Delphi. The UAW workers, including union employed MEs and EEs, have the option to transfer to other GM facilities IF they press the matter. They are given promises of all and any kind to get them to stay at Delphi. The union locals all stay and with them all the workers stay put. 3-6 months later Delphi files for bankruptcy protection. Ultimately and generally, all Delphi union employees agree to a 50% pay cut.

Let me take a time out here and ask you how your life would change with a 50% pay cut? Add to that fact the small consideration that you could have exercised a negotiated individual right to transfer to a GM facility that for all the economic strife, has preserved wages... That would be a bit tough to chew on huh?

Flash to yesterday, the circle is completed. While GM is not a strong as when the story when this story started. Doesn't matter unless you happen to be one of those union employed engineers who took a 50% pay cut from the good old GM days, only to find yourself re-employed by GM. Kind of rubs salt in the wound.

It does something else too. Don't forget all those workers who benefited from the wage bump ups earlier in our story. I am not saying there will be wage bump downs, but the impact of the strife in America's manufacturing sector will not miss these workers in the coming years. Downward pressure on wages for the many, starting with the minions and trickling up.

Note: Don't mind me, as a union member I am more than a bit pissed off about this because I know it effects me.
Now the question I have is with the Locals decision to stay. Was this something voted on by membership or a decision by union management?
--
CCNA, Comtrain Certified Tower Climber


tao
Chaos Impends
Premium
join:2000-12-03
Lansing, MI
·Comcast

As I remember it was voted, I could be wrong. Still persons with enough seniority could always use their GM seniority to move to another GM facility.

For those not familiar, UAW employees have local seniority and corporate seniority, usually these are the same, but not always. For example, someone with 20 years GM seniority might have moved from one UAW local to another ten years ago. That would give them 10 years of seniority at the current local and 10 years of seniority at the first UAW local. So with that 20 years of GM seniority as a hammer, they could bump someone with 20 years minus one day of GM seniority at any GM facility in North America in any UAW job they were qualified to do. Kicker is that now this transfer worker has no local seniority and works at the local wage. The later two facts are the 2nd and 3rd biggest reasons people don't move around. The primary reason people don't move around is that usually open jobs with equal pay are few and are typically far away. Generally people with 10 or more years of seniority won't uproot their families.
--
I play darts: »www.triple20dartingsupplies.com | »www.adaoflansing.com
I support unions: »www.1099alldrivers.org www.1039atu.com


Loco
Premium
join:2002-11-09
So Cal
·RoadRunner Cable

reply to tao
said by tao See Profile :

Then you don't understand... On the other hand, maybe you don't work for a living.
Bwahahaha !


PhoenixDown
-- Wants FIOS
Premium
join:2003-06-08
Fresh Meadows, NY
clubs:
reply to tao
I hate to say it but that's their problem to deal with.
--
~ Insert a Funny Sig Here ~

Spice300
Premium
join:2006-01-10
reply to tao
Anything that reduces the excessive wages of UAW members helps to make American made automobiles more affordable and competitive. Greed needs to be restrained wherever it is found.

cmaenginsb
Premium,MVM
join:2001-03-19
Palmdale, CA

reply to tao
said by tao See Profile :

As I remember it was voted, I could be wrong. Still persons with enough seniority could always use their GM seniority to move to another GM facility.

For those not familiar, UAW employees have local seniority and corporate seniority, usually these are the same, but not always. For example, someone with 20 years GM seniority might have moved from one UAW local to another ten years ago. That would give them 10 years of seniority at the current local and 10 years of seniority at the first UAW local. So with that 20 years of GM seniority as a hammer, they could bump someone with 20 years minus one day of GM seniority at any GM facility in North America in any UAW job they were qualified to do. Kicker is that now this transfer worker has no local seniority and works at the local wage. The later two facts are the 2nd and 3rd biggest reasons people don't move around. The primary reason people don't move around is that usually open jobs with equal pay are few and are typically far away. Generally people with 10 or more years of seniority won't uproot their families.
If the unions were the ones who voted then they gave themselves the screw job.
--
CCNA, Comtrain Certified Tower Climber


tao
Chaos Impends
Premium
join:2000-12-03
Lansing, MI
·Comcast

reply to tao
So sez the total intellectual prowess of this forum.

Spice300: So your support of anything that raises your standard of living in relative terms is not be be called greed?

BTW: Excessive UAW wages is a myth. This recent downturn has revealed that the people who are really overpaid work in the field of economics.
--
I play darts: »www.triple20dartingsupplies.com | »www.adaoflansing.com
I support unions: »www.1099alldrivers.org www.1039atu.com


Archivis
Your Daddy
Premium
join:2001-11-26
Earth
·Verizon FIOS

There's no such thing as overpaid. You're paid what people are willing to pay you and what you're willing to accept to be paid. If you're really that valuable, you would have no problems getting a better wage elsewhere. I think the insults are a little above this forum's demeanor, insinuating that non-union folks don't work when quite the opposite is true. Non-union folks have more incentive than ever to produce. I've worked for non-union as well as union shops and I can tell you that the union workers as a whole, have more protections and thus, less incentive to perform.

But the unions wanted to pillage the company and now they reap what they sow. 50% pay cut to a company that can't be competitive with its products because they're too busy paying all the things the unions got you.
--
'A government big enough to give you everything you want, is strong enough to take everything you have.' -Thomas Jefferson -
Thread is
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Forums » Tech and Talk » Current Affairs/Politics » It is the economy, stupidIndia buys 200 tons of gold »
« U.S. Government to report recession "Officially" over.  


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