11-25-2008, 12:20 AM
billb wrote:
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The union concession dual tier supposedly differentiates between assembly line help and non-assembly line help, with the assembly line workers retaining thier higher wages. The $70.00 per hour includes all benefits (which probably includes the per person electricity costs of the floor's soda machine) and most certainly is the pay wage of someone who is indespensable to the line - usually the guy who has been there for 20 years and can do every single job on the line - well.
The $70 per hour includes all benefits fro the current worker and the portion of money spent on pensions and pensioner health care. The retiree related costs should have been funded out by setting aside money over the years, but the auto companies sidestepped doing that. Now the bill is due.