GM/UAW pact may be close

[Northstar]

Automotive News / October 14, 2005

http://www.autonews.com/news.cms?newsId=13570

DETROIT --- The United Auto Workers said Friday it might be close to an agreement with General Motors on benefits concessions.

UAW spokesman Paul Krell said that the UAW had notified locals by e-mail that an agreement is possible. A source inside GM says it is "very confident" but added that the automaker could impose unilateral benefits cuts this week if talks fail.

Krell said GM has not raised the possibility of unilateral cuts in talks.

A spokesman for GM declined comment.

[capriceman]

Not only benifit, Pay cuts too, i was talking to my dad today, and they want him to go from $30 dolllars to $15 dollars an hour. So there might go middle class and all they tax payers. So hey government you lost alot of money with out sourcing.

[Guest Josh]

No pay cut here on the UAW side but instead, OVERTIME is in tact from here on out throughout the rest of the year. Funny how one side suffers, the other succeeds. Nah, it's called management.

[capriceman]

They lost overtime 4 weeks ago so.... I dont know anymore. They do what they have to to succeed.I would like to see these Million a year head hunchoes get pay cuts.

[Teh Ricer Civic!]

They lost overtime 4 weeks ago so.... I dont know anymore. They do what they have to to succeed.I would like to see these Million a year head hunchoes get pay cuts.

[post="29205"]<{POST_SNAPBACK}>[/post]

if the higher-ups "willingly" accepted pay cuts "for the company"-- that would be good PR

[capriceman]

if the higher-ups "willingly" accepted pay cuts "for the company"-- that would be good PR

[post="29252"]<{POST_SNAPBACK}>[/post]

Agreed!!! It would show that there proud to work there not just for the money.

[Robert Hall]

Not only benifit, Pay cuts too, i was talking to my dad today, and they want him to go from $30 dolllars to $15 dollars an hour. So there might go middle class and all they tax payers. So hey government you lost alot of money with out sourcing.

Ouch...a 50% pay cut would seriously suck... my rates have been all over the place in software development the last 8 yrs...I was getting about $30/hr when I got out of school in '97 then went up to $80/hr in '00 (right before the bubble burst in high tech--I was able to bill O/T also, no benefits--had to pay my own health insurance, etc).... now I'm happy to be getting $60/hr w/ benefits in a stable company... Edited October 15, 2005 by moltar

[Cremazie]

Ouch...a 50% pay cut would seriously suck...  my rates have been all over the place in software development the last 8 yrs...I was getting about $30/hr when I got out of school in '97 then went up to $80/hr in '00 (right before the bubble burst in high tech--I was able to bill O/T also, no benefits--had to pay my own health insurance, etc).... now I'm happy to be getting $60/hr w/ benefits in a stable company...

[post="29275"]<{POST_SNAPBACK}>[/post]

You must have worked hard to get a job and maintain it in the tech industry, Congrats man!

[91z4me]

if the higher-ups "willingly" accepted pay cuts "for the company"-- that would be good PR

[post="29252"]<{POST_SNAPBACK}>[/post]

Check out what Bill Ford has made the last few years. Salary=$0. He still gets stock but direct pay is 0.

That is how you get people to follow you.

[razoredge]

It seems some consession from the leadership would go along way to help workers agree to consessions. The recent BS with the Delphi leaders was a poor sign of leadership and only poured fuel on the flames.