RE: A view from within GM
Rob30044,
The UAW it's self has agreed to the $73 per hour that's reported by the Big 3 as being the hourly "total compensation" number and it has been reported as such in several newspapers/periodicals and the live TV filmed the interviews with UAW reps present. The numbers have also been documented.
Toyota, Honda, and Nissan agreed with the reported $48 per hour "total compensation" number as they themselves had furnished the documented info. Their hourly workforce is not unionized.
The U.S. Chamber of Commerce again this past weekend stated that the average "total compensation" per hour worked in the USA for fulltime workers is $28.43 per hour. It was said by a C of C rep again on Neil Cavouto's show this afternoon.
All compensation hourly figures are with fringes/benefits included for hours worked. That's why it was specified as "total compensation". The Big 3, Toyota, Honda, and Nissan hourly numbers were rounded off the the nearest dollar. The Chamber of Commerce number was actual and not rounded off.
YOU may not like the numbers but they are documented as accurate and show the vast differences. Should bankruptcies be filed, a judge or the courts have full power to void ALL labor contracts etc and require them to be rewritten and submitted to the judge/referee or the courts. You can bet they will look very different than now for the court/legal system to give them approval. Might be wise to keep in mind Toyota's, Honda's, and Nissan's compensations are a proven model for a successful related automotive operation and may very well be the guide lines required for reorganization approval by the courts. You will certainly see the "legacy costs" either be disolved or a mere miniature shadow of the present day figures.
Thank you for adding in "total compensation" in this post. To say the average worker is paid $71 to $73 an hour is a misleading statement. Healthcare makes up a large portion of that "total compensation." The United States spends more on healthcare than any other country. Trust me, we are a long ways from the top when it comes to adequate healthcare. Blame that on the Big 3 automakers and the U.A.W. Also Toyota, Honda, and Nissan have a younger work force which translates into lower healthcare costs. Also they have not been in the United States long enough to have retirees.
RE: A view from within GM
The Big 3, by paying $71 or $73 per hour to their average UAW employee while their competition is only paying $47 or $48 per hour to their average hourly plant employee,
I think most people reading this thread have enough intelligence not to believe everything they read.
RE: fuel mileage
I bought the diesel because I wanted to not have to buy a truck every couple of years.
Are you saying that gassers only last two years?
