Quote:
Originally Posted by SoonerCamaro
I doubt they make 14 dollars an hour. Im guessing they make a lot more money than that. closer to at least 60k and upwards of 100k a year. so yes i think people would in this economic time would work for half!i take 50k a year to work there with the benefits and pension they get
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You do understand in all these statistics, they are rolling in the value of the benefits to the "hourly pay". Most line workers make between $14 and $26 bucks an hour, as their pay. That results in at most 50k a year. The unions have negotiated good benefits, which is where the additional cost is coming from. And the guys making more are 25+ year veterans of the job. My father has been at GM for 35 years, works for an executive VP, and wouldn't dream of making the numbers you started with in this thread. In fact, he just took a decent pay cut.
Did the unions shoot themselves in the foot? yes. Is their pay above average? yes. Is there really anything GM could have done about it? not really. We're paying for the demands of the union from decades ago.