UAW Strike

[gounion]

So all the profits should go to the workers as opposed to the owners?

Nope, but when the Wall Street Journal notices….

Hard to cry poor when you’re making record profits and buying back stock, instead of investing in the product. That shows you’ve got money to blow.

[Glennfs]

Nope, but when the Wall Street Journal notices….

Hard to cry poor when you’re making record profits and buying back stock, instead of investing in the product. That shows you’ve got money to blow.

The proper argument would be to praise GM management who have figured out how to pay top pay and benefits and earn record profits.
Of course you are opposed to corporate profits because all the money belongs to the government who you worship

[gounion]

The proper argument would be to praise GM management who have figured out how to pay top pay and benefits and earn record profits.
Of course you are opposed to corporate profits because all the money belongs to the government who you worship

Not opposed to profits. But let's remember - in 2009, the unions took HUGE concessions to keep the companies in business. The companies PROMISED they would "make them whole" - return to the pay and benefits the workers gave up when the companies became profitable again.

They didn't. They aren't paying top pay now. When they're only paying $18 an hour, that's NOT top pay.

And BTW, when you complain about the unions hurting the companies, remember that Ford has praised the tentative agreement.

All that shit about "we can't afford it"???

Kabuki Theater. These companies will still be profitable. You just like the way things are done in China and Mexico - with workers making less a day than American workers make in an hour. You love how they do business over there, why don't you go over there for those wages?

I'm interested in seeing the nuts about bolts of the contract. They union didn't get what they were asking for - they never were going to, and they knew it. But they got far more than the companies were offering. BIG raises, end of two-tier and job security language. They say they have "improved" retirement - remember that Ford didn't do away with the pension like GM, but they ended it for new hires. They probably sweetened the pensions for those with them, and improved 401(k) for the others - probably increased company contributions BEFORE the match. This is what I said the union would probably get. Good news for my wife's family, she has a relative high up in Ford management, who will also get the pension increase the union negotiated.

You just hate the idea that workers - ESPECIALLY union workers - were able to get a better deal.

This is good for the economy, as those worker wages are what drives the entire economy, not corporate profits.

[gounion]

UAW reaches agreement with Stellantis. Looks to me like you have to call this a huge victory for the UAW and union workers of our nation.

I had no idea how it would go - but Fain appears to be a smart and savvy negotiator, negotiating from a position of strength, but not overshooting, aiming high and willing to take everything he possibly could.

[Glennfs]

UAW reaches agreement with Stellantis. Looks to me like you have to call this a huge victory for the UAW and union workers of our nation.

I had no idea how it would go - but Fain appears to be a smart and savvy negotiator, negotiating from a position of strength, but not overshooting, aiming high and willing to take everything he possibly could.

And there is the problem with unions. If it is a win for the union then that would mean it is a defeat for the company.

Why is it we never hear that a contract is a fair and reasonable settlement for all involved.

Little wonder so many jobs have been relocated to other countries. As many of the jobs of those who just "won" will probably be before the end of the contract.

[gounion]

And there is the problem with unions. If it is a win for the union then that would mean it is a defeat for the company.

Why is it we never hear that a contract is a fair and reasonable settlement for all involved.

Little wonder so many jobs have been relocated to other countries. As many of the jobs of those who just "won" will probably be before the end of the contract.

Ford said it was good for everyone, so your argument falls flat. BELIEVE ME, I've been involved in MANY negotiations where the company screamed how horrible it was, but when it was all done, they bragged about how it was great for the company, great for the workers, and great for the local community and the economy.

It's a win for the union because it's a win for the workers, who did NOT get made whole as the companies promised they would after they took huge cuts to save the companies in 2009.

And it will prove out that it isn't bad for the companies, either. It's nice when you pay your workers enough to afford what they make. Ask Henry Ford.

[Number6]

And there is the problem with unions. If it is a win for the union then that would mean it is a defeat for the company.

Why is it we never hear that a contract is a fair and reasonable settlement for all involved.

Little wonder so many jobs have been relocated to other countries. As many of the jobs of those who just "won" will probably be before the end of the contract.

If a company and its shareholders have to give up some of its profits then it could be seen as a loss for the company. However, if it keeps trained and skilled producing their product(s) then it's to the company's benefit to pay workers more in wages/salaries and benefits.

[Motor City]

GM, UAW reach tentative deal after weeks of contract negotiations

General Motors and the United Auto Workers have reached a tentative agreement, less than 48 hours after the union struck the automaker's Spring Hill Assembly plant in Tennessee where it produces popular Cadillac SUVs and various engines used in other models across its four brands, the Detroit Free Press has learned.

The UAW already has a tentative agreement that it reached with Ford Motor Co. last Wednesday. It reached a deal with Stellantis on Saturday that mirrors the one it has with Ford.....

Unifor ends short-lived strike against Stellantis, announces deal

Unifor, the union representing autoworkers in Canada, reached a tentative agreement with Stellantis early Monday, ending a short-lived strike. The deal follows an agreement announced Saturday between the automaker and the UAW, ending a 44-day strike in the United States.

Unifor released a brief comment about the deal and the end of the strike about 7:40 a.m. Monday. The union had announced a strike, involving 8.200 members, shortly after a deadline passed at 11:59 p.m. Sunday.

Unifor national President Lana Payne touted the agreement as well as the impact of the strike in a news release.....

[ap215]

[gounion]

It's too bad that it took a long strike to force the auto companies to keep their promise to make their workers whole for taking the pay and benefit cuts that saved the auto companies in 2009. And let's be clear: It wasn't worker pay that caused the 2009 disaster - it was the bankers and auto company leadership that caused it. But it was the workers that paid the price.

And the auto companies will still be profitable, and the CEOs will continue to get big raises every year.

But this is good for the workers and their communities, as the auto money will now go into the local economies.

UAW President Fain has proven to be a smart, wily and realistic negotiator. OF COURSE he made demands that were more than the auto companies could accept, but he was able to meet them halfway to reasonable and realistic agreements that is good for the workers, for the companies, the communities and the nation at large.

[Number6]

The successful strikes by the UAW have had a ripple effect on two non-union auto manufactures. Honda p;ans to raise wages by 11% and decrease the time it takes to reach top wages from six to three years. Toyota is raising wages by 9% and it will only take four years to reach top wages.

Honda plans to increase wages for workers at U.S. factories by 11 percent in January, after the United Auto Workers (UAW) union struck a deal for substantial pay raises and other benefits with three major automakers late last month.

The Japanese automaker will also decrease the time it takes workers to reach the top wage rate from six years to three years, matching similar commitments made by Ford, General Motors (GM) and Stellantis, the company confirmed Friday.

Toyota followed suit just days after the strike concluded, announcing plans to raise wages for hourly manufacturing workers in the U.S. by about 9 percent starting Jan. 1. It will also cut the time it takes to reach the top wage rate to four years.'
https://thehill.com/business/4304506-ho ... aw-strike/