Analysis: Details About the UAW/GM Tentative Agreement Spread Across the Web
GM would pay the union cents on the dollar to take over $50 billion in retiree health obligations. The GM infusion will go into a voluntary employees' beneficiary association, or VEBA.
(GM is a big corporation, if they can't handle this obligation, what makes them think the UAW can? And were is the money going to come from to pay the people whom are going to handle and maintain the VEBA?)
A two-tier wage structure for non-manufacturing jobs: This would allow GM to pay wages as low as $12 to $15 a hour for jobs that do not have a direct link in making the vehicles, such as housekeeping, janitorial etc.
(So now we are letting these new and underpaid workers in. As a result, in the future negotiations, they don't care if the other workers rates go down. Which then they are more than likely to vote "yes" to a pay decrease, because it would not directly effect their pay.)
Temporary workers: GM wants to make 4,100 temporary workers now on the payroll permanent employees, which is a good thing, but they too will be paid at a lower rate.
(There again they now have the ball in their court, this gives them an advantage on getting pay decreases the next contract because these employees are already at a lower rate. 4,100 "yes" votes in their court.)
A special attrition program will clear out senior workers and make room for the new workers.
(Need I say more, the number keeps rising for these votes in GM's favor next contract due to new hires rolling in.)
Analysis: Details About the UAW/GM Tentative Agreement Spread Across the Web
Date: September 26, 2007Location:
USA
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