GM mistakes

[CamaroHutch]

Originally Posted by djsnoflake

If they start at 14 bucks an hour, you are telling me people would want to work for 7?

I don't know how crap your economy is in America, but here in Canada, nobody would work for 7 bucks an hour.

7 American dollars is worth more than 7 Canadian. Many Americans work for 7 or less.... or else we would have no fast food or pizza joints....

[PQ]

Wait a minute. My son makes 7.35 an hour. So don't judge. Of course that's at Burger King.

[kdbolt70]

Originally Posted by SoonerCamaro

Regardless the time for unions i think should be done...yes its good for some things but hey there is a ton of people out there in the us today that i guarantee would do their job at half the price they pay them now!

please, please, I beg of you, learn the FACTS before you spout off about these things. Just because a media outlet says something does not mean its true. Almost everything these days can be misinterpreted and skewed to sound worse than it is. I mean after all, the media sector is in a recession too. They're desperately trying to get readers.

Just think about it the next time you read a statistic.

[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

[rmyers]

[SoonerCamaro]

Originally Posted by kdbolt70

please, please, I beg of you, learn the FACTS before you spout off about these things. Just because a media outlet says something does not mean its true. Almost everything these days can be misinterpreted and skewed to sound worse than it is. I mean after all, the media sector is in a recession too. They're desperately trying to get readers.

Just think about it the next time you read a statistic.

Im just saying what i saw on the news...im not saying its right but thats what i heard and thought it was a little rediculous. my general point i was getting across is we are paying a lot of people in these companys a rediculous amount of money. This place is supposed to be about voicing opinions and half the stuff on here is not comfirmed...

[FenwickHockey65]

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

$14/hour is starting pay for any hourly GM employee. Once you get 30 or so years, you might get into the $20/hour range.

[kdbolt70]

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

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.

[djsnoflake]

So at most you are making 26 and thats probably something aslong the lines of a floor foreman or somesuch. I am imagining the majority are making under 20 bucks an hour.

Also look at what else #3 says, that GM's total wages are now within $2 an hour of Japaneese plants.

This is the same as what people assume about my job ( Mining) Oh you must make 150 grand a year. I wish.

[rmyers]

Originally Posted by FenwickHockey65

$14/hour is starting pay for any hourly GM employee. Once you get 30 or so years, you might get into the $20/hour range.

Its important to note that these numbers are not what the employee sees on his/her check. It is all labor/benefit costs associated with an hourly employee. Since they have more former retired hourly employees collecting benefits than actual working employees the numbers become skewed as you see them. But they are real costs that GM must overcome because they do appear on the balance sheets.

[SoonerCamaro]

Originally Posted by kdbolt70

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.

that is what my point i was trying to get across...sorry for starting all the drama! Geez some of u guys are so sensitive!lol

[Supermans]

Originally Posted by irpq11

Damn, even 70-80 pretty damn good if you're on the receiving end. Do you think their accepting applications? Who can I call for an interview?

That is an excellent amount of money, more than my wife as a Pharmacist makes and she went to school for 8 years for her PharmD..

[kdbolt70]

Originally Posted by SoonerCamaro

that is what my point i was trying to get across...sorry for starting all the drama! Geez some of u guys are so sensitive!lol

My apologies. I didn't mean to attack you personally, its just I hear this all the time. "GM is paying their factory jobs $75 bucks an hour! Of course they are going to fail!" Its just not that simple, and there are a lot of impressionable people that can't hack through the sh*t to discover what these numbers really mean. They see a thread saying GM is paying workers $150/hr and suddenly they are telling their friends and family how awful of a company GM is, like its all Rick Wagoner's fault or something.

[Number 3]

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

Sorry but you are flat wrong. The salary is 14/per hour in the non critical and 26 in the critical. Skilled trades may push 30 and hour.

Now in the good days with OT, yes, they could make time and half and turn a pretty nice annual salary, if you worked 7 days a week 10 to 12 hours a day. So please, please trust me, your "guess" is wrong. I work there, I've read the contract and I know people who make the money.