Same energy as complaining about getting rid of the tipped wage because dining out ‘would become more expensive’. If it does, it’s not on the workers, it’s on the manufacturer. Maybe be a bit less of a scab and focus the blame where it belongs?
Comment on What did UAW members at the "Big 3" gain with their strike?
ThePantser@lemmy.world 10 months ago
Which will be passed onto the consumer in the form of more expensive vehicles. UAW should have included a stipulation that prices of cars should not suffer and the funds should come from the executives.
princessnorah@lemmy.blahaj.zone 10 months ago
prole@sh.itjust.works 10 months ago
See this everyone? Take note: This is how they pit workers against one another. This is how they undermine the solidarity that allows unions to even begin leveling the negotiations playing field.
Twentytwodividedby7@lemmy.world 10 months ago
Jim Farley could work for free and it would equate to about about $5 per unit cost reduction. Executives, believe it or not, make difficult decisions that impact billions in revenue. UAW members make no decisions and clock out at the end of their shift. They have a hard job and should be compensated fairly, but they are in no way the same as senior leadership.
LordR@kbin.social 10 months ago
Difference is when managers fuck up they get a golden parachute, workers just get fired.
No matter how hard you work or how many risks you're responsible for, everything more than a million in earnimgs a year shouldn't be allowed.
prole@sh.itjust.works 10 months ago
UAW members make no decisions
And who’s choice is that? I imagine most, if not all labor unions in the US would love to move toward a system of co-determination like they have in Germany.
Test_Tickles@lemmynsfw.com 10 months ago
Jim Farley could work for free and still get more money per year than most other employees will make in their entire lifetime.
ABoxOfNeurons@lemmy.one 10 months ago
This is based on a misunderstanding of how prices are set. The price is set based on what the market can bear. Costs pretty much only determine if the thing is worth making, given that.
It’s the same reason rent doesn’t go down when property taxes do. I mention this not to tear you down, but because it’s a common argument for bad policy.
AliasAKA@lemmy.world 10 months ago
Rather it should come from a mix of executive pay, shareholder dividends, and a cost increase if warranted. Last year ford paid out like 25 billion in dividends. Not sure how much the contract is expected to add in labor costs, but if I’m a worker I’d expect a good portion of those dividends to go toward the workers and not shareholders.
Uncle_Bagel@midwest.social 10 months ago
Labor only accounts for about 7% of the oricee if a car. Ford has made record profits the past 2 years, so theu could literally just eat the increae labor cost and still be making more in profit than any other point in the company’s history. Of coutse they wont do that because of greed, but there is no actual reason not to.
AliasAKA@lemmy.world 10 months ago
Of course, although while that 7% is added to the cost of producing the car, other factors may not be as easily negotiable (say a fixed cost of steel or other raw goods).
I actually do agree on the sentiment that a car should not cost more given the labor negotiations.
My argument was just a generalization, and more to say that executive compensation also doesn’t make up a humongous amount of the cost of a car. Moreover, if somehow there is a lack of net profit to render back to the employees, and executive pay is already well controlled, then in such a scenario it may be reasonable to raise the cost of a good in order to adequately compensate the people who make it. In fact, I wish companies did this more instead of asking “how can I exploit labor to make this food more profitable?” And instead ask “is it reasonable to charge more to adequately pay people to live in my community that I do business?” But I digress, the point is simply that profits should be paid back to workers at least as much as profits are paid to shareholders.
The only way employees see that benefit though in our system is in collective bargaining.