$110 an hour to stand on an assembly line and put 4 bolts into a headlight every minute is insane. We don't get paid that kind of money to repair those cars when they come into the shop mangled after a wreck.
You pay these people $110 an hour and no one will be able to afford to buy a new car and they'll be out of a job.
The labor cost gap between the Detroit 3 and Tesla is already staggering. Tesla spends about $45 an hour on labor (this cost combines hourly wages and benefits), while Ford, GM, and Stellantis are currently spending about $66 an hour on their labor, according to industry analysts.
If the UAW gets its way on pay increases and things like reviving pensions, Wells Fargo has estimated that the Detroit 3's hourly labor costs could more than double to $136 an hour.
Biden is going on the picket line, buddy. You seem to not have kept up.Mediating in intense anticipation for when trump comes and speaks to them next week, which Biden refuses to do. God bless
No one is getting paid $110 an hour for doing that.$110 an hour to stand on an assembly line and put 4 bolts into a headlight every minute is insane. We don't get paid that kind of money to repair those cars when they come into the shop mangled after a wreck.
You pay these people $110 an hour and no one will be able to afford to buy a new car and they'll be out of a job.
Auto companies beg tax payers to bail them out. Then 75% of all non-financial corporate profits went to stock buybacks in the decade after the automaker bailout. I have no sympathy for these corporations.
But Tesla doesn’t have a union problem and has unlocked production efficiencies the slow 3 haventSorry that is what it would cost the automakers per employee, not what the employees would make. My fault for not making that clear, it cost Tesla 42$ some per employee and after the strike it could cost the big 3 110$ per employee. So no way the big they agree to that when Tesla their biggest competitor runs at 42$ an hr
Yeah, it's a pretty crazy demand. Even if the CEO pay did increase 40%, which it didn't really because like half of it is stock awards that fluctuate, but let's pretend it did and the CEO got a $20 million salary. The companies have like 40,000-50,000 workers, so even paying the CEO nothing at all, and taking their entire compensation with stocks included and spread it out to all the employees, that would come out to like $450 for the entire year for each of them, and their demand is more like a $30,000 increase for each of them.UAW wanted the 40% increase the CEO got and that was a no go(still as hilarious as it was ballsy). If they get what they want (UAW) no one in the country will be able to afford an automobile. Car Manufacturers are already having trouble selling their inventory of both new and used automobiles at current prices.