"That means new labor agreements to align pay and benefits to match those of workers at competitors like BMW, Honda, Nissan and Toyota. Furthermore, retiree benefits must be reduced so that the total burden per auto for domestic makers is not higher than that of foreign producers."
I agree. It's not up to the company to make certain you have x amount of dollars when you retire. A base should be established, and that's all. Everything else should be the employee's responsibility, and all bonuses should as well. Having the unions that this point has been the biggest problem. Get rid of them completely!!
Thanks
I agree. It's not up to the company to make certain you have x amount of dollars when you retire.
A base should be established, and that's all. Everything else should be the employee's responsibility, and all bonuses should as well. Having the unions that this point has been the biggest problem. Get rid of them completely!!
They should have stamped on the next bunch of twenty dollars bills!
At least his value hasn't deflated.