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BK>> After all, since the american auto makers don't pay that much
BK>> less than Toyota, The idea that the American auto workers are
BK>> the problem is nonsense.
BA> Forty bucks an hour plus benefits for what is basically
BA> unskilled labor is not nonsense. Receiving full or nearly
Yes, it is, since that is not what unskilled workers get. Oh,
while we are at it, why would any salary for unskilled work, no
matter how high, be objectionable. Remember, the law of supply
and demand does *NOT* have anything in it to say how skilled the
labor is, only on what it takes to hire people to do it. Would
you want to do factory work for $10 or $15/hr?
Since Toyota's *average* hourly pay is within a few dollars of
the American automakers, it must not be too high. It most
certainly is not $40/hr. Not even for skilled workers.
I just looked it up. Current top pay is $32.83/hr. That's top
skilled labor.
Bottom level pay is about $14/hr. I haven't found a breakdown of
all the levels.
Total labor cost is about $55/hr for GM, $49/hr for Toyota and
Honda. From what I have read GMs cost will drop over the term of
the contract. Adjusted for inflation.
BA> full pay for not working isn't nonsense either.
Does that make it a good thing they do not get full pay for not
working? Should Toyota drop their no layoff policy?
Believe it, GM is not going to give full pay for not working. If
they had to pay out the full pay they would have the people
working.
BA> Auto workers in general, IMO, are grossly overpaid.
CEOs, in general, IMO, are grossly overpaid.
Why do you object to autoworkers earning a middle class wage?
BOB KLAHN bob.klahn{at}sev.org http://home.toltbbs.com/bobklahn
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