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+--- Thread: My plan to save General Motors. Could this possibly work??? (/showthread.php?tid=76161)
Re: My plan to save General Motors. Could this possibly work??? - Doc - 04-11-2009
Buckeye_Sean wrote:
I believe what was stated was a bit mis-interpreted. It was recently reported that it COSTS GM $70/hr. on average for each worker's pay AND benefit package. (The cost of an employee to the company isn't only in their salary.)
Yeah, the way the schmucks calculated it was deliberately skewed. They took all of the benefits for all workers, present and retired, and pro-rated it across the range of present low-wage employees to make their compensation seem greater. The story was then taken up by the auto-makers without criticism because it made them appear more sympathetic.
'Interesting to see how a dumb lie becomes "common knowledge."
Re: My plan to save General Motors. Could this possibly work??? - Grateful11 - 04-11-2009
During one of our negotiations that went to a PEB, Presidential
Emergency Board, the company Lobbyist said we weren't anything but,
"a bunch of shadetree mechanics making $75/hr". At that time I think
our hourly wage was around $18/hr. Even with benefits it wasn't
anywhere near that.
Don't believe everything you hear.
PEB
http://www.nmb.gov/mediation/pebmenu.html