what do you mean by this?
Bush screwing up auto deal
- Thread starter Winter_123
- Start date
what do you mean by this?
- 185
here's the facts and don't forget the Import auto makers have only been in the US 5 years v. the 100+ years for the American automaker. In 20 years plus thier legacy costs will be higher !!!
Here are details of the average hourly labor cost of UAW workers employed at Ford and those employed by non-U.S. based automakers with plants in the United States. The figures are similar across the three Detroit automakers.
WAGES: Base hourly wages and cost of living adjustments
The VEBA Plan is a tax-free health reimbursement arrangement (HRA) that enables your employer to make tax-free contributions into a special trust account on your behalf. These tax-free funds can then be used to pay or reimburse eligible out-of-pocket health care costs and premiums for yourself, your spouse, and your qualified IRS dependents.
Here are details of the average hourly labor cost of UAW workers employed at Ford and those employed by non-U.S. based automakers with plants in the United States. The figures are similar across the three Detroit automakers.
WAGES: Base hourly wages and cost of living adjustments
- <LI itxtvisited="1">UAW: $29
- Transplants: $26
- <LI itxtvisited="1">UAW: $14
- Transplants: $9
- <LI itxtvisited="1">UAW: $12
- Transplants: $11
- <LI itxtvisited="1">UAW: $16
- Transplants: $3
- <LI itxtvisited="1">UAW: $3
- Transplants: $3
- <LI itxtvisited="1">UAW (without VEBA): $71 <LI itxtvisited="1">UAW (with VEBA): $58
- Transplants: $49
The VEBA Plan is a tax-free health reimbursement arrangement (HRA) that enables your employer to make tax-free contributions into a special trust account on your behalf. These tax-free funds can then be used to pay or reimburse eligible out-of-pocket health care costs and premiums for yourself, your spouse, and your qualified IRS dependents.
- Thread starter
- #13
- 2,908
When you see the data presented by someone other than Ford it comes out differently. However, let's say that it is accurate. Fine. Then tell the UAW to smarten the frig up. Some very good bailout options have been offered to the Big Three on the condition that the UAW establish wage and benefit parity with the non-big three makers. If there are only marginal differences, then what's the problem?
- 185
The problem is in the Management. Ford's the only one able to sustain through the crisis without a bridge loan. Why ? Because they diversified into fuel efficiency and compete in a global market. It is not the UAW's fault the assembly workers are constructing Denalis and Navigators it's managements terrible business plan. Not to mention our government allowing foriegn manufacturers to flood our market with government subsidised products from Japan and S. Korea. If those guys had to pay health care costs they wouldnt be able to compete with Americans, no one can.
The only concession I would have asked for of the UAW would be to take some of the pension in stock rather than cash, which they just did.
The only concession I would have asked for of the UAW would be to take some of the pension in stock rather than cash, which they just did.
- Thread starter
- #15
- 2,908
That's all UAW propaganda intended to make everyone think that anything less than what they have now is a sweatshop. In reality all of the non-union shops make excellent wages and have excellent benefits including health care. They may have to kick in a couple hundred a month if their health insurance covers the family which is pure heresy to UAW workers who think everything in life should flow from the union tit.
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