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nom=de=plume nom=de=plume is offline
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First recorded activity by BoatBanter: Aug 2009
Posts: 5,427
Default Ford's success...

"Bill McKee" wrote in message
m...

"thunder" wrote in message
t...
On Wed, 04 Nov 2009 21:03:13 -0800, Bill McKee wrote:


They pay less, have less onerous work rules, and would pay even less, if
the unions were not getting a bunch from the bankrupt companies and
taxpayers.


Funny, instead of focusing on bottom up, perhaps more focus should be
placed on top down. Toyota's top 37 executives earned a combined $21.6
million. That bum Wagoner's compensation, alone, was $14.4 million. At
Honda, the top 21 executives earned $11.1 million combined. Ford's CEO
Mulally's compensation was $17.7 million in 2008. If the boss thinks
there's that kind of money floating around, why wonder if the working man
wants a piece.

Or, is this just another example of voodoo economics, you know, Reagan's
"tinkle down" economics?


Yes, the **** poor managment of the Big 3 auto companies is famous. And
they are overpaid. But why should the guy on the assembly line with maybe
a GED putting on lugnuts also be overpaid. As I said bad management also.
As to the lower pay of the Japanese. Is true, but is not a true picture
of the pay. They basically have unlimited expense accounts, which
mitigates a lot of personal taxes.


How do you determine if s/he is overpaid? What the criteria? Seems to me
either union or non-union it's a negotiation that ends up at the market
rate.

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Nom=de=Plume