don't you wish you worked for GM?

[FedExRookie]

On mobile, too lazy to link, but 47000+ are getting 7,000+ profit sharing checks

 

[dezguy]

Didn't Ford employees get just under $10 000 a few weeks ago?

 

[FedExRookie]

Didn't Ford employees get just under $10 000 a few weeks ago?

It was between 8 and 10. Can't remember off the top of my head at the moment.

 

[!Retired!]

I'm sure the 20000 people laid off will be glad to hear their not getting a check.

 

[Keystone]

TheJackal Member
New
I'm sure the 20000 people laid off will be glad to hear their not getting a check.

I think it's "they're" not "their" just an semi-educated former driver.....

 

[rod]

On mobile, too lazy to link, but 47000+ are getting 7,000+ profit sharing checks

Yet GM is one of the big companies that isn't paying a dime in taxes for last year according to MSN

 

[STFXG]

I think it's "they're" not "their" just an semi-educated former driver.....

"Just a".

 

[!Retired!]

I think it's "they're" not "their" just an semi-educated former driver.....

Oops...English was never my best subject.

"Just a".

LOL....obviously, not his either

 

[UpstateNYUPSer(Ret)]

Didn't GM and the UAW agree to a two-tiered wage system as part of their restructuring?

 

[DontThrowPackages]

I'm sure the 20000 people laid off will be glad to hear their not getting a check.

And how many did this company force..errr offer buyouts to last year??

 

[Cactus]

Didn't GM and the UAW agree to a two-tiered wage system as part of their restructuring?

So? Those bonus checks of 7K to 10K are pretty impressive. The working world needs to see more of this.

Won't happen at FedEx. Ever. Not with Ebenezer Smith.

 

[UpstateNYUPSer(Ret)]

Would you rather have $10/hr now or the possibility of $7-10K later?

 

[FedExRookie]

Yet GM is one of the big companies that isn't paying a dime in taxes for last year according to MSN

That is true, but there is more to it than just not paying taxes, more than I care to discuss in this particular forum. Does there need to be some change to tax laws, of course, but them not paying taxes is not a black and white topic.

 

[TUT]

Would you rather have $10/hr now or the possibility of $7-10K later?

My guess is they would take either, but it is besides the point.

 

[UpstateNYUPSer(Ret)]

My guess is they would take either, but it is besides the point.

Is it?

 

[bbsam]

My guess is they would take either, but it is besides the point.

No, it really is the point. It's the company packaging the deal. Think of it like people excited to get an income tax rebate. Yeah, they love getting that check, but all they really did was let the government earn interest on it.

 

[Keystone]

ouch!! figures when I'm correcting someone else, I get corrected....touche LOL glad I said SEMI-EDUCATED

 

[MrFedEx]

Didn't GM and the UAW agree to a two-tiered wage system as part of their restructuring?

Yes, they did. New UAW workers start at about half what the senior people make.

Didn't GM and the UAW agree to a two-tiered wage system as part of their restructuring?

We also have a two-tier system at FedEx, but no contract and no bonuses. Ford workers will get an average $8,800 bonus.

 

[UpstateNYUPSer(Ret)]

Yes, they did. New UAW workers start at about half what the senior people make.


We also have a two-tier system at FedEx, but no contract and no bonuses. Ford workers will get an average $8,800 bonus.

Ford didn't take the bailout.

 

[MrFedEx]

Ford didn't take the bailout.

UAW contract was renegotiated nonetheless.