And the workers took pay cuts earlier. A 40% increase is less impressive when you take a 15% cut first. (That’s a 19% net increase, but this isn’t based on actual numbers.)
Who gives a shit? Their comp has little to do with the rank and file. They are entirely unrelated. Farley could donate his entire comp package and it would result in a roughly $300 payment to UAW workers. UAW also gets profit sharing and a ratification bonus, meanwhile the rest of the salaried workforce - many of whom earn similar wages to UAW, will get fucked because they have actual performance metrics to hit that are being fucked by this.
I’d also add that as a reward for having the most UAW workers in the US, Ford also has had the highest structural cost and the worst quality for 2 years running, likely 3 as measured by recalls. So they do terrible work and still get the same bonus, entirely independent of their performance.
Most workers in America give a shit. People deserve to be more than modern day wage slaves that spend their entire paycheck on necessities, never getting ahead or being able to save for retirement. If you think this us ok, you should re-evaluate whether you’re actually for lifting people out of poverty or not.
You’re neglecting the profit sharing. That has been between $9-15k over the last couple years. They also get a 401k match of like 6%. So that brings their average comp to about $35 per hour. They also frequently get overtime.
For perspective, $28 per hour with no overtime puts them in the 58th percentile and adding in profit sharing places them in the 66th percentile for US workers. So making more than 2/3 of the working population is in fact not “low as fuck”
Man, I don’t think you’re the type of person to see eye to eye with a workers right type asshole like me, but if $72,000 a year to you is an acceptable wage in this particular day and age, with inflation and housing prices going the way they’re going, then we don’t have much to say to one another. They should always fight for higher wage and I will support them all the way, educated work or not.
Holy fuck are you aggressively stupid. Impressive in a pitiful way, but blocked all the same. Take your literally retarded thoughts somewhere else, son.
It’s called having an informed position and debating. Lemmings seem incapable of doing that. I’ve presented nothing but a fact based position, and yet I’ve received nothing but ad hominem attacks, poorly researched (and outdated, incorrect) rebuttals, and just ridiculous comments.
I work in this industry and I’m trying to provide context and nuance that is consistently missing here. I’m going to bet that none of the people responding with such vitriol even have a remote understanding of the industry or what the workers get paid.
Whatever, I lean left and I think the UAW is overplaying their hand. They’re going to do more harm in the long run - they already have an excellent deal on the table that gets them the majority of what they want. The supply base is already weak from Covid, a prolonged strike means suppliers have to lay off workers and possibly close. That represents far more workers than the UAW, multiples even. In addition, there are more than double the UAW ranks in salaried positions that will also be harmed by a prolonged strike.
Again, to pay for UAW workers earning in the 80th percentile (assuming their average comp increases to $100k with the deal on the table) the companies will look for efficiencies elsewhere. (For the astonishing number of users that apparently need to hear this - 80th percentile means more than 8 out of 10 working adults in the US)
We are being asked to look to Mexico and India for salaried positions and question if a function needs to be done here. So it isn’t just factory work that can be off-shored, it’s knowledge work and it is broader than just IT support or customer service.
Meanwhile the CxO ranks got 40% raises years ago.
And the workers took pay cuts earlier. A 40% increase is less impressive when you take a 15% cut first. (That’s a 19% net increase, but this isn’t based on actual numbers.)
Who gives a shit? Their comp has little to do with the rank and file. They are entirely unrelated. Farley could donate his entire comp package and it would result in a roughly $300 payment to UAW workers. UAW also gets profit sharing and a ratification bonus, meanwhile the rest of the salaried workforce - many of whom earn similar wages to UAW, will get fucked because they have actual performance metrics to hit that are being fucked by this.
I’d also add that as a reward for having the most UAW workers in the US, Ford also has had the highest structural cost and the worst quality for 2 years running, likely 3 as measured by recalls. So they do terrible work and still get the same bonus, entirely independent of their performance.
Who gives a shit?
Most workers in America give a shit. People deserve to be more than modern day wage slaves that spend their entire paycheck on necessities, never getting ahead or being able to save for retirement. If you think this us ok, you should re-evaluate whether you’re actually for lifting people out of poverty or not.
Fuck man, even $300 is something to these people.
They’re talking nonsense in the first place, but imagine thinking $300 is a meaningless amount of money. I would have to be making CEO wages.
How much do you think a UAW worker makes? Just curious
According to this average is $28 an hour, which quite frankly is low as fuck. https://www.google.com/amp/s/www.cbsnews.com/amp/detroit/news/how-much-does-a-uaw-worker-make/
You’re neglecting the profit sharing. That has been between $9-15k over the last couple years. They also get a 401k match of like 6%. So that brings their average comp to about $35 per hour. They also frequently get overtime.
For perspective, $28 per hour with no overtime puts them in the 58th percentile and adding in profit sharing places them in the 66th percentile for US workers. So making more than 2/3 of the working population is in fact not “low as fuck”
Man, I don’t think you’re the type of person to see eye to eye with a workers right type asshole like me, but if $72,000 a year to you is an acceptable wage in this particular day and age, with inflation and housing prices going the way they’re going, then we don’t have much to say to one another. They should always fight for higher wage and I will support them all the way, educated work or not.
Holy fuck are you aggressively stupid. Impressive in a pitiful way, but blocked all the same. Take your literally retarded thoughts somewhere else, son.
If everyone keeps blocking these guys, they end up dominating the conversation.
It’s called having an informed position and debating. Lemmings seem incapable of doing that. I’ve presented nothing but a fact based position, and yet I’ve received nothing but ad hominem attacks, poorly researched (and outdated, incorrect) rebuttals, and just ridiculous comments.
I work in this industry and I’m trying to provide context and nuance that is consistently missing here. I’m going to bet that none of the people responding with such vitriol even have a remote understanding of the industry or what the workers get paid.
Whatever, I lean left and I think the UAW is overplaying their hand. They’re going to do more harm in the long run - they already have an excellent deal on the table that gets them the majority of what they want. The supply base is already weak from Covid, a prolonged strike means suppliers have to lay off workers and possibly close. That represents far more workers than the UAW, multiples even. In addition, there are more than double the UAW ranks in salaried positions that will also be harmed by a prolonged strike.
Again, to pay for UAW workers earning in the 80th percentile (assuming their average comp increases to $100k with the deal on the table) the companies will look for efficiencies elsewhere. (For the astonishing number of users that apparently need to hear this - 80th percentile means more than 8 out of 10 working adults in the US)
We are being asked to look to Mexico and India for salaried positions and question if a function needs to be done here. So it isn’t just factory work that can be off-shored, it’s knowledge work and it is broader than just IT support or customer service.
I don’t feel informed enough to have an opinion on that, I’m just pointing out how blocking people who say stuff you disagree with is a bad idea.
What is your enlightened position then? You can barely string a sentence together lol