Quote:
Originally Posted by Belmont Resident
Ever notice that many of the companies having problems are union?
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What ever happened to an honest days pay for an honest days work.
I believe the news said that auto workers were making 75K including benefits.
I’m sorry but that’s just not right and that is why we pay such high prices for the substandard product that the auto industry makes. ...
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The big three pay over $73 an hour in total compensation. $73 x 40 hours/week x 52 weeks =
$151,840 per year. Other car makers in the US pay about $43 per hour.
This ridiculous compensation in the face of competition is not the worst problem however. The "job bank" has the automakers paying 95% of wages to laid off employees for years after they are no longer working. Unions require all sorts of ridiculous rules that are anti productive and costly.
My Dad worked a union shop and the stories he would tell me. Workers coming back from lunch drunk, deliberate sabotage of work, pressure on workers who wanted to do a honest days work to slow down because it made the other workers look bad, hour long bathroom breaks, efficiency ideas that workers had stifled BY THE UNION because you don't help the company. It went on and on, all protected by the union. You couldn't touch one of their members. The strength of the union was supposed to be better wages but they went out on strike a few times. I figured out that one time they lost more money on strike for several months than they would make back in 4 years of raises.
When they started, unions served a needed purpose. They fought sweatshop conditions, unfair management behavior, and abysmal wages. Those battles have long been won and the current unions have no valid purpose. They bloat payrolls and stifle efficiency and creativity.