Stellantis strike

[DavidKFla]

WTF...hell who knows what he;s talkin about...

I usually do but not as much lately.

 

[1971demon]

$40/$50/hr. ....the consumer pays that...the motor company doesn't absorb ANY of it...it gets passed on...and..WE are the consumers...

This is what I was saying (trying?) before, I have some level of empathy for a $16/hr worker, but that quickly fades as we are approaching $40-50/hr. That's mid-level degreed engineer level money![/QUOTE

 

[1971demon]

I usually do but not as much lately.

I had an app on my phone to decipher it...till he scrambled the code....

 

[1971demon]

I

Well since you took it off the tracks

View attachment 116435

t's actually the same woman...the labia falls prey to gravity in 50 years or so...

 

[Bobo]

This is what I was saying (trying?) before, I have some level of empathy for a $16/hr worker, but that quickly fades as we are approaching $40-50/hr. That's mid-level degreed engineer level money!

I’ve been in the trades for the last 28 years and I’d love to make $40/hr!!

 

[DavidKFla]

I’ve been in the trades for the last 28 years and I’d love to make $40/hr!!

How much is $40 an hour at 40 hours a week for 52 weeks?

 

[BULL]

How much is $40 an hour at 40 hours a week for 52 weeks?

2080 hours in a standard work year.

$40/hr * 2080hrs = $83,200 annual

 

[1971demon]

How much is $40 an hour at 40 hours a week for 52 weeks?

I couldn't live on it...

 

[DavidKFla]

2080 hours in a standard work year.

$40/hr * 2080hrs = $83,200 annual

Not alot of money. Especially after taxes.

 

[Paladin06]

I couldn't live on it...

Many live on a whole lot less so…..

 

[jgilj]

Keep voting DemonRats in!👍

 

[1971demon]

Many live on a whole lot less so…..

I imagine they do...

 

[Bobo]

Many live on a whole lot less so…..

Of course they do but it’s really not a lot and considering we make LESS than that!! You can’t hardly buy the average American home and surely can’t live a middle class lifestyle on it but if you want better for your family you’re called greedy!!

 

[DavidKFla]

Many live on a whole lot less so…..

I grew up in a poor town.

Everyone worked at Dupont. My dad bought a new car and had to work a 2nd job to pay for it. He cut people's lawns and I helped him until I took them over. He detailed people's cars for extra money.

I know what hard work and struggles to make a living is all about.

 

[RAMBLE1]

2080 hours in a standard work year.

$40/hr * 2080hrs = $83,200 annual

I made about 2/3 of that and I felt very lucky. I retired two years, ago...

 

[Illegal_Demon]

This will make some asses pucker
&
It was only approved by 54 percent


a Ford worker with one year seniority will move from $25.75 to $46.13 (including the forecasted COLA) by the end of this three-year collective agreement – a wage increase of almost 80% in addition to a $10,000 bonus.

Other highlights include:

• Base hourly wage increase of nearly 20% for production and 25% for trades over lifetime of agreement.
• By the end of the 3-year agreement, a top-rate production assembler will be paid $44.52 per hour, in addition to a forecasted $1.61 cost of living allowance (a total of $46.13); a journeyperson skilled trades worker will be paid $55.97 per hour, in addition to a forecasted $1.61 cost of living allowance (a total of $57.58).
• General wage increases in each year of the agreement with 10% in year one, 2% in year two and 3% in year three.
• Hourly wages for production workers at Ford of Canada is now $11.00 per hour (35%) higher than comparable U.S. autoworkers at Ford.
• Reactivation of the Cost of Living Allowance (COLA).
• Wage progression reduced from 8 to 4 years.
• Start rate for Temporary Part Time and production workers increasing from $24.26 to $29.67/hr., further increasing to $30.26 within 12 months, and $31.16 by the end of the agreement.
• $10,000 Productivity and Quality bonus for full-time employees, $4,000 for Temporary Part Time.
• Improvements to all pension plans.
• Increased Defined Benefit basic monthly benefit rate from $68.60 to $73.60 for production workers, and from $81.60 to $87.60 for Skilled Trades.
  • A production worker retiring at 30 years, under the ’30-and-Out’ pension program will see an increase to their monthly pension from $3,545 to $3,795. For Skilled Trades, their ’30-and-Out’ pension will increase from $3,925 to $4,225.
• Mandatory company contributions to the DC plan increase from 4% to 7%. For example, this represents an immediate company contribution increase from $3,106 to $6,172 in the first year of the agreement, for a top-rated production assembler.
• DC plan members will transition to a new DB-style pension for current plan members and all new hires on January 1, 2025.
• New quarterly payment unique to Canadian retirees, called the Universal Health Care Allowance. These quarterly payments will continue in each year of the 3-year agreement.
• Investment for Essex Engine Plant.
• Special EV Transition measures negotiated for members at Oakville assembly plant.
• Improved Supplemental Unemployment Benefit (SUB) program, raising income replacement top-up while on layoff from 65% to 70% of weekly earnings and reducing eligibility from 3 years to 1 year of seniority.
• 556 retirement incentives at $50,000 each.
• Two new paid holidays: Family Day and National Day for Truth and Reconciliation.
• Major health benefit improvements for active members and retirees, including:
  • Eliminating a quarterly $97 health care deductible;
    o Increase glucose monitoring maximum coverage from $1,600 to $4,000;
    o Increase massage therapy annual maximum ($200 to $300) and physiotherapy coverage ($200 to $400) and eliminated requirements for doctor’s notes;
    o Vision and dental care improvements;
    o Legal Services Plan and Dependent Scholarship plan will now be available to workers after 1 year of seniority (previously 8 years);
    o Among many other health benefit improvements.

Are all the stated salary amounts in Canadian dollars?

 

[Illegal_Demon]

I'm not asking you to be sympathetic to anyone. Reality is what it is, if your competitor has a significant price advantage, he is going to kick your ass. The Green Insanity handouts are being given to all the respective countries automakers.

And yet Big Oil STILL gets subsidies...100 years later? Someone needs to explain this to me...

 

[Bowtie Guy]

Are all the stated salary amounts in Canadian dollars?

Yes sir

 

[Bowtie Guy]

How much is $40 an hour at 40 hours a week for 52 weeks?

I ve averaged 55 to 60 hours a week for the past 40 years
20 hours OT = 30 hours pay
$40 X 70 Hrs x 50 weeks = 140K a year
40 years ago it was $5 an hour & living on my own that young was tough
I put a shit load of time in at work for what I have today

There is a lot of money in these contracts aside from just wages
lifetime pension
benefits
cola
bonus
profit sharing
retirement buyout
free legal services
free addition services
Etc etc etc

All of which the average worker will never see

I mentioned before
Get what you can get when you can get it
We all would

PS

FJT

 

[TraxMoe]

I ve averaged 55 to 60 hours a week for the past 40 years
20 hours OT = 30 hours pay
$40 X 70 Hrs x 50 weeks = 140K a year
40 years ago it was $5 an hour & living on my own that young was tough
I put a shit load of time in at work for what I have today

There is a lot of money in these contracts aside from just wages
lifetime pension
benefits
cola
bonus
profit sharing
retirement buyout
free legal services
free addition services
Etc etc etc

All of which the average worker will never see

I mentioned before
Get what you can get when you can get it
We all would

PS

FJT

Most employees don't take into consideration the addition of the benefits to their hourly wage. All those added benefits probably add 30 - 40% or more to the burden rate and those costs get passed onto the consumer. Seems like everything the union squeezes from the automobile industry only exacerbates their own demise. Like most industries that can't stay competitive. They will close their doors someday and move elsewhere, or declare bankruptcy and leave all that did the squeezing out in the cold.