$63 per hour ain't enough!

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SpoonJuly

Guest
#1
GM workers make $63 per hour in pay and benefits and went on strike for more.
Now if you folks want to talk about greed and the love of money, this is a great example.
No wonder new auto are out of the reach of most working folks today.
 

tourist

Senior Member
Mar 13, 2014
42,663
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Tennessee
#2
GM workers make $63 per hour in pay and benefits and went on strike for more.
Now if you folks want to talk about greed and the love of money, this is a great example.
No wonder new auto are out of the reach of most working folks today.
That's the main reason that most of the autoworker jobs are now in other countries. They have priced themselves out of a job. Their rate of pay and benefits is not at all commensurate with their skill set. I would not ever buy a vehicle from GM, Chrysler, and Ford as their inefficiencies in regards to the costs incurred, both past and current is baked into the price of the cars they are offering. There is no value.
 

Magenta

Senior Member
Jul 3, 2015
61,149
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#3
GM workers make $63 per hour in pay and benefits and went on strike for more.
Now if you folks want to talk about greed and the love of money, this is a great example.
No wonder new auto are out of the reach of most working folks today.
Are you talking about the workers who construct the cars on the assembly line?
 
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SpoonJuly

Guest
#5
That's the main reason that most of the autoworker jobs are now in other countries. They have priced themselves out of a job. Their rate of pay and benefits is not at all commensurate with their skill set. I would not ever buy a vehicle from GM, Chrysler, and Ford as their inefficiencies in regards to the costs incurred, both past and current is baked into the price of the cars they are offering. There is no value.
This is what happens when people listen to a bunch of corrupt union leaders.
 

Magenta

Senior Member
Jul 3, 2015
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#6
Do you know how the benefits' value is worked into the pay grade? Or how that value is assessed?
Or, without the benefits worked in, what the hourly rate of pay for an assembly worker is?
 
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SpoonJuly

Guest
#7
Do you know how the benefits' value is worked into the pay grade? Or how that value is assessed?
Or, without the benefits worked in, what the hourly rate of pay for an assembly worker is?
Most assembly line work is not considered as a skilled position in the same way an auto mechanic is.

That $63 per hour would include all the cost spent on the benefits the employee receives plus his hourly pay.
That is how I determined the cost of every hour my employees cost me.
That cost was the major factor in setting the price my customers had to pay for the service I offered.
 
Dec 12, 2013
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#8
Amen, You know...I watched the Union rep say....We want our part of the profits......just who do they think they are....what ever happend to an honest wage for and honest day's work? AND the reason OWNERS AND CEO's RUN COMPANIES is to MAKE MONEY and they CHOOSE TO WORK THERE for a wage........
GM workers make $63 per hour in pay and benefits and went on strike for more.
Now if you folks want to talk about greed and the love of money, this is a great example.
No wonder new auto are out of the reach of most working folks today.
 
S

SpoonJuly

Guest
#9
Amen, You know...I watched the Union rep say....We want our part of the profits......just who do they think they are....what ever happend to an honest wage for and honest day's work? AND the reason OWNERS AND CEO's RUN COMPANIES is to MAKE MONEY and they CHOOSE TO WORK THERE for a wage........
$63 per hour seem like a fair share of the profits to me.

$63 X 40 hours = $2520 per week and $131,040 per year.
As I stated before that is a prime example of greed.
 
Dec 12, 2013
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#10
$63 per hour seem like a fair share of the profits to me.

$63 X 40 hours = $2520 per week and $131,040 per year.
As I stated before that is a prime example of greed.
I agree........100% and then to whine that they want more.....the time and place for Unions is over.....I fully understand their concept to improve working conditions and pay BACK WHEN THEY WERE FORMED.....now they are outdated and end up pulling stunts just like this.....

I will NEVER BUY A GMC PRODUCT ever....and too be honest.....I managed a farm for a few years for a wealthy family that owns like 10 dealerships in St. Louis...Nissan, Ford, Hyundai, Volkswagon, BMW and a few others.......and also did project for their friends that owned like 4 dealerships as well....ALL WEALTHY.....they all said that buying a new car is not wise because of the devaluation as soon as you drive off the lot and THAT THE BEST THING TO DO IS BUY A USED CAR WITH AROUND 20 TO 25 K MILES......
 
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UnderGrace

Guest
#11
GM workers make $63 per hour in pay and benefits and went on strike for more.
Now if you folks want to talk about greed and the love of money, this is a great example.
No wonder new auto are out of the reach of most working folks today.

I am just wondering where you are getting this info from....it seems quite high.

The union is seeking pay raises for entry-level workers, who currently start at less than $20 an hour, and to get them to the peak wage of almost $30 an hour in three or four years, instead of the current period of eight years.
Link

— The companies want to close the labour cost gap with workers at plants run by foreign automakers. GM pays $63 per hour in wages and benefits compared with $50 at the foreign-owned factories. GM's gap is the largest at $13 per hour, according to figures from the Center for Automotive Research.
Link

Labour cost on the books is different than the actual wages an employee receives.
 
Jun 10, 2019
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#12
GM workers make $63 per hour in pay and benefits and went on strike for more.
Now if you folks want to talk about greed and the love of money, this is a great example.
No wonder new auto are out of the reach of most working folks today.
I agree why isn’t burger king workers striking, but to be fair isn’t the per-hour labor cost to the automakers, which is different from "pay" or "wages" or even "wages and benefits" earned by their workers.
 
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UnderGrace

Guest
#13
I agree why isn’t burger king workers striking, but to be fair isn’t the per-hour labor cost to the automakers, which is different from "pay" or "wages" or even "wages and benefits" earned by their workers.
Labour cost on the books is a whole different thing than actual wages and benefits the worker receives... so it is important to know which the $63.00 is for, as well if there is a grid this could be only at the top of the pay scale.
 
Jun 10, 2019
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#14
Labour cost on the books is a whole different thing than actual wages and benefits the worker receives... so it is important to know which the $63.00 is for, as well if there is a grid this could be only at the top of the pay scale.
in 2008 it was reported by the media as 70$ an hour but The automakers arrived at the $70+ figure by adding up all the costs associated with providing wages and benefits to current and retired workers and dividing the total by the number of hours worked by current employees.
 
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UnderGrace

Guest
#15
in 2008 it was reported by the media as 70$ an hour but The automakers arrived at the $70+ figure by adding up all the costs associated with providing wages and benefits to current and retired workers and dividing the total by the number of hours worked by current employees.
Exactly, important to know which number is being referenced.

https://www.indeed.com/cmp/General-Motors/salaries

Assembler 18.20 an hour to 46.90 and hour.
 
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SpoonJuly

Guest
#16
Labour cost on the books is a whole different thing than actual wages and benefits the worker receives... so it is important to know which the $63.00 is for, as well if there is a grid this could be only at the top of the pay scale.
Look at what GM offered and tell me that it is not greed that keeps the workers from accepting it.
Did the union membership vote to strike or was this decision made by a few?
If these workers do not like the pay, benefits, and working conditions, than quit and find a BETTER paying job.
Whether it is $63 or $43 per hour, it still seems excessive for skill needed to work on an assembly line.
 
Jun 10, 2019
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#17
I knew a guy that worked at a ford truck plant, his job was installing the tail gate, the gate was placed on hangers and he dropped it into the slots on the bed and made sure it shut properly that was it, made good money doing it.
 
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UnderGrace

Guest
#19
Look at what GM offered and tell me that it is not greed that keeps the workers from accepting it.
Did the union membership vote to strike or was this decision made by a few?
If these workers do not like the pay, benefits, and working conditions, than quit and find a BETTER paying job.
Whether it is $63 or $43 per hour, it still seems excessive for skill needed to work on an assembly line.
I am no fan of unions.
Pay should be a negotiated between the employer and employee when they sign the contract.
I would state they are not paid for their skill but for doing a horrible job that no one would do unless well compensated.
 
Jun 10, 2019
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#20
But add the benefit cost to that because that is the true cost.
20$ an hour seems fair to install a tail gate, but if you think about it the company shells out a lot for the retirement benefits and current benefits to workers. if I’m not mistaking company’s have to match taxes and other things also so with that is the true cost really presented with all the things a employer is required to match