Elon's Prediction

[llinthicum1]

https://www.bloomberg.com/news/arti...ead-to-detroit-three-s-bankruptcies#xj4y7vzkg

I'm sure Elon will be heart broken if his prediction of the Big 3 demise comes true. But, if the results of a strike settlement raises the price of EVs $3,000-$5,000 won't bode well for a product that majority of consumers cannot afford. Cost of EV manufacturing will eventually come down but we aren't seeing yet. Of course, it's hard to differentiate reality and strike rhetoric.

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[ThatGuyLando]

Ford reported $1.8Billion in profits earlier this year, if paying their employees more comfortable wages causes their cars to cost more, then they can piss off and don't deserve our money ?‍

 

[Mach1E]

Ford reported $1.8Billion in profits earlier this year, if paying their employees more comfortable wages causes their cars to cost more, then they can piss off and don't deserve our money ?‍

“More comfortable wages.” ?

That’s how you describe demanding a 40% pay raise along with working a 32 hour week (but getting paid for 40 hrs)?

The demands are absurd and will just result in future plant closures.

Just when we convince manufacturers to move jobs back in the US, the unions do their best to make them regret that decision.

 

[ThatGuyLando]

“More comfortable wages.” ?

That’s how you describe demanding a 40% pay raise along with working a 32 hour week (but getting paid for 40 hrs)?

The demands are absurd and will just result in future plant closures.

Just when we convince manufacturers to move jobs back in the US, the unions do their best to make them regret that decision.

Funny how that works, when it's the ceo or the higher ups making insane increases in salary, people think the company is doing great, but when the people actually building the stuff making them rich ask for their share, everyone scrutinizes every penny that's being asked for.

https://www.salary.com/tools/execut...nus-stock-options-for-ford-motor-co?year=2021

 

[Maquis]

Funny how that works, when it's the ceo or the higher ups making insane increases in salary, people think the company is doing great, but when the people actually building the stuff making them rich ask for their share, everyone scrutinizes every penny that's being asked for.

https://www.salary.com/tools/execut...nus-stock-options-for-ford-motor-co?year=2021

Go ask the the guys picketing if they want to tie their fortunes to the company by taking part of their pay in stock options. I don’t know if they’ll laugh at you or beat you to a pulp.

 

[ThatGuyLando]

Go ask the the guys picketing if they want to tie their fortunes to the company by taking part of their pay in stock options. I don’t know if they’ll laugh at you or beat you to a pulp.

With a base salary of over 1M? I'm down. Just send the paperwork.

 

[Mach1E]

With a base salary of over 1M? I'm down. Just send the paperwork.

Of course you would accept that.

And the company that gave it to you would run out of money in weeks.

There’s good reasons why corporations are run by CEOs and not the workers. The workers would instantly bankrupt the company if they got what they wanted. Then no one has a job.

This isn’t and shouldn’t be about CEO pay vs worker pay.

It should be about worker pay vs worker pay.

Why should people working at “union factories” be paid significantly more and work less hours than everyone else?

Since when did a 5 day, 40 hour work week become unreasonable?

If we can’t compete based on price and productivity, then jobs will continue to go overseas.

 

[azerik]

Since when did a 5 day, 40 hour work week become unreasonable?

Yeah! I did ~6's with ~60/70+ hours for 40 hours of pay for decades. I mean comeonalreadypeople.

Don't forget the Union gets a cut, of it all.

 

[ArthurDOB]

@Mach1E @ThatGuyLando @Maquis
40% was not pulled out of thin air. It's how much executive salaries went up since workers made huge contract concessions in 2009. That number was chosen to make people aware of that fact and to get our attention. As for the 4-day week, when you were a kid, didn't you to ask for more than you think you'll get, because you might get it? Labor negotiation is no different. Let's turn down the heat.

 

[ThatGuyLando]

Of course you would accept that.

And the company that gave it to you would run out of money in weeks.

There’s good reasons why corporations are run by CEOs and not the workers. The workers would instantly bankrupt the company if they got what they wanted. Then no one has a job.

This isn’t and shouldn’t be about CEO pay vs worker pay.

It should be about worker pay vs worker pay.

Why should people working at “union factories” be paid significantly more and work less hours than everyone else?

Since when did a 5 day, 40 hour work week become unreasonable?

If we can’t compete based on price and productivity, then jobs will continue to go overseas.

Why would they run out of money? That LITERALLY what they're currently doing, but and making $1.8B, oh an di forgot to mention, if I do a shit job as a CEO and get fired, I want a severance where I can call it a golden parachute and no one bat's an eye.

 

[jbooth]

Go ask the the guys picketing if they want to tie their fortunes to the company by taking part of their pay in stock options. I don’t know if they’ll laugh at you or beat you to a pulp.

Ironic you replied this to a software engineer, who is likely being paid in stock already. I have been partially paid in stock the whole time I've been a software eng.

The FAANG folks are usually >50% stock for compensation and I'm talking about "career level" engineers -- senior software engineer, staff software engineer -- not CTO.

 

[Mach1E]

Why would they run out of money? That LITERALLY what they're currently doing, but and making $1.8B, oh an di forgot to mention, if I do a shit job as a CEO and get fired, I want a severance where I can call it a golden parachute and no one bat's an eye.

Again, this has nothing to do with overpaid CEOs.

The workers aren’t competing with CEOs for jobs.

They are competing with non-union States inside the US and every country outside the US.

If the unions want to price themselves out of the market, it’s extremely shortsighted.

 

[ThatGuyLando]

Ironic you replied this to a software engineer, who is likely being paid in stock already. I have been partially paid in stock the whole time I've been a software eng.

The FAANG folks are usually >50% stock for compensation and I'm talking about "career level" engineers -- senior software engineer, staff software engineer -- not CTO.

Paid in 0 stock, I have kids with special needs I can't gamble with things like that, but lucky enough to make a good salary. I'm not blind to the fact that others are being screwed heavily.

My take is that unions shouldn't even be a thing, you should feel comfortable enough to make a living without having to have meeting with your coworkers because you feel you're being screwed.

If people actually gave a crap and looked after each other this, thread probably wouldn't even exist and we likely wouldn't have a workers strike.

 

[Mach1E]

@Mach1E @ThatGuyLando @Maquis
40% was not pulled out of thin air. It's how much executive salaries went up since workers made huge contract concessions in 2009. That number was chosen to make people aware of that fact and to get our attention. As for the 4-day week, when you were a kid, didn't you to ask for more than you think you'll get, because you might get it? Labor negotiation is no different. Let's turn down the heat.

So executives make 40% more than they did in 2009?

Ok, so how much more do the workers make since 2009? Shouldn’t we subtract all the raises in the last 14 years to make things “fair,” if that’s the argument?

Not that it really matters. Executive pay and worker pay is rarely “fair.”

At least you agree it’s “childish” to demand the 32 hr thing. ?

 

[DevSecOps]

Some of these replies are just so strange. Thinking that assembly line workers, basically robots, should be paid at in increase equal to a CEO is crazy. A C Suite Exec has the burden of performance and money on their shoulders 24/7. We have to prove that we can innovate and manage, whatever size, team below us while making profits for the company. We get rewarded, financially for doing so. An assembly line worker has none of that. Do you think these companies just run themselves?

What do you care what Farley makes? It's not about one man. Do I think a $33/hr assembly line worker should get a 40% raise plus one entire free day of pay, no I don't because in Michigan, for example, the average hourly wage is $16.32. What makes an assembly line worker worth $85 in their total compensation package? That's just bonkers.

If you want to stay competitive you have to pay competitively, not stupidly. Citing their earnings as a leverage in this argument is just an example of how there's a general lack of knowledge as to how companies are run.

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