On 8 Feb 2006 19:59:12 -0800,
Zeenithman@yahoo.com wrote:
>I read an article today in our paper stating Ford will be pay
>$100,000.00 each to all of its workers loosing their jobs due to plant
>closures. I find this rediculous by a company that can't produce a
>quality vehicle and sales are slumping. I owned a Ranger for a couple
>years and it was pathetic in every aspect. Got smart and bought a
>Toyota Tacoma. What outstanding quality!!!! Another newspaper article
>I read said the average auto maker is paid $64.00 an hour. Not bad for
>someone standing on an assembly line installing the same part over and
>over. I have no sympathy at all for the American auto makers with this
>kind of wages. Another point - the good old unions are getting so
>greedy they are killing profitability.
> A happy
>Toyota owner
That 100 grand is a buyout. If you accept it, you no longer have any health
care or pension.
Where do you get the $64.00 per hour figure? When I retired last year, after 40
years as an electrician, my pay rate was $30.05 per hour. I seriously doubt
that my benefits cost GM $33.95 per hour. Production workers on the line made
about $4.00 per hour less than I did.
Also, I don't consider my $1800.00 per month pension excessive.
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Retired Shop Rat: 14,647 days in a GM plant.
Now I can do what I enjoy: Large Format Photography
Web Site:
www.destarr.com
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