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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...

"nom=de=plume" wrote in message
...
"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.

--
Nom=de=Plume


Compare her wage to what you would have to pay anywhere else including
shipping and time value and you have a valid market wage.


Anywhere else? How about Mexico, since it's pretty close. Something
manufactured in TJ, delivered to San D. That's the valid market rate in TJ,
but the living expenses are pretty different.

--
Nom=de=Plume