Black Monday at GM

[101lifts2]

Originally Posted by RACER X

is $28/hr to high for a parts puller?

Not if you're selling a shitload of parts with a good markup.

[6doublefive321]

Originally Posted by Apoc

Poor management is the reason these companies are where they are. Not unions. Too many models, too small of market shares.

They arent paying anyone, anything near 75$/hr... wish you people could understand this. 75$/hour per employee, is them including pensioned members, benefits, etc, squarely on the backs of the employees.

The loaded cost to the employer is $75! 75 freakin dollars per hour! If the average employee makes $25 per hour, the loaded cost is 3x that, which is way, way, way, way, way, way, way above industry average. The reason that the loaded cost is 3x the hourly wage is because of the GODDAMN UAW! Even though an employee isn't making $75 per hour, it still costs the employer $75 per hour.

The cost to build a car (or anything for that matter) is divided up between labor, materials, and overhead. If labor costs are 2x what they should be, then where is the difference made up? Materials, since a fixed overhead is required to build an average car. So, Ford, GM, and Chrysler settle for substandard materials to offset their outrageous labor costs, and thus their cars are steaming POS's. Thank you, UAW!

[Particle Man]

Originally Posted by Apoc

75$/hour per employee, is them including pensioned members, benefits, etc, squarely on the backs of the employees.

that's just it: name another industry where this happens?? hence choking the life...

[Papa_Complex]

Originally Posted by Particle Man

that's just it: name another industry where this happens?? hence choking the life...

Name another industry in which the companies have been permitted, by government, to under-fund their pension programmes for the last 3+ decades.

[Bluestreak]

Originally Posted by Particle Man

sorry, but the unions served their purpose and now they're choking the life out of the industry.... paying someone $75/hour to put bolts on all day is kinda dumb...

I couldn't agree more.