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Congrats Deere UAW Workers

digger doug

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FWIW I have been reading online newspapers from Argentina (visited there once would love to go back)

Everyone is unionized to the hilt. Doctors, nurses, hotel workers, bus drivers, etc.

Everyone is pulling these walkouts, and getting 30%, 40% or more raises.

BOOM ! right now...40% raise.

Where doo they think that money is gonna come from ?
How about the few people that don't get those raises ?

So, in the case of Argentina, they are making their own inflation.

I see this happening here, although less.
 

ChuckRock

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FWIW I have been reading online newspapers from Argentina (visited there once would love to go back)

Everyone is unionized to the hilt. Doctors, nurses, hotel workers, bus drivers, etc.

Everyone is pulling these walkouts, and getting 30%, 40% or more raises.

BOOM ! right now...40% raise.

Where doo they think that money is gonna come from ?
How about the few people that don't get those raises ?

So, in the case of Argentina, they are making their own inflation.

I see this happening here, although less.

One would expect raises coming from the record profits these large corporations are earning. If the company you are working for is posting record profits... you would expect a raise, right? Who should receive that money? A CEO bonus? and stock options?

Don't confuse inflation with greed.
 

digger doug

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ChuckRock

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..and what happens with the next year in a downturn ?
A one time bonus or "profit sharing" would have been much better.

Unions do not exist to bleed companies dry, everyone still needs a job. They exist for the fair treatment of workers. Lets talk pay gap. Why should the assemblers or hourly guys be expected to take the hit during poor company performance and not the leadership that get paid on average 350% more?

Excerpt from article linked;

"The Economic Policy Institute (EPI) estimates that CEO compensation has grown 1,322% since 1978, while typical worker compensation has risen just 18%. In 2020, CEOs of the top 350 firms in the U.S. made $24.2 million, on average — 351 times more than a typical worker."

My takeaway from this is to increase pay for Austin and Troy on the factory floor and the executives should have 1 yacht less.
 

digger doug

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Unions do not exist to bleed companies dry, everyone still needs a job. They exist for the fair treatment of workers. Lets talk pay gap. Why should the assemblers or hourly guys be expected to take the hit during poor company performance and not the leadership that get paid on average 350% more?

Excerpt from article linked;

"The Economic Policy Institute (EPI) estimates that CEO compensation has grown 1,322% since 1978, while typical worker compensation has risen just 18%. In 2020, CEOs of the top 350 firms in the U.S. made $24.2 million, on average — 351 times more than a typical worker."

My takeaway from this is to increase pay for Austin and Troy on the factory floor and the executives should have 1 yacht less.
You need to realize one simple fact:
If you push the company too far, they will 'take their ball and go home".
So however you want to justify it, it doesn't matter.
 

digger doug

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Perhaps you need to realize that is the attitude they want you to have. Take what you are given and shut up about it or they may take everything away.
You only see one side sir.
Your bitter about something.
As I said before, a bonus in a good year would have been better. As you can clearly see the union "Won" but yet, their numbers are being reduced.
 

ChuckRock

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Not at all, I have been on both sides of the fence, for the UAW and for Caterpillar.
I may be bitter about merit, sure - check out the statistics I posted above. You should be bitter too.
A bonus is great and all, but it doesn't go far enough.

Workers deserve a bargaining unit for cost of living, bonuses, benefits, hourly rate/salary, provide legal council, ensure a fair working environment and set a date for renegotiation.
In my opinion this is what the American Dream should include.
 

Truck Shop

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WWW.
My wife clerked for Pacific Power-Warren Buffet. IBEW isn't what it was before Buffet, it's just a shell.
Buffet requires 7% return on his investments. Crews were cut, service isn't what it was, a high
percentage is done by outside contractors. It was a great place to work at one time but that has
long since passed. Standard upgrades became nonexistent such as power poles just to name a few.

Pacific Power and Rocky Mountain Power one in the same owned by Buffet.
 

Nige

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Jun 22, 2011
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G..G..G..Granville.........!! Fetch your cloth.
FWIW I have been reading online newspapers from Argentina (visited there once would love to go back)

Everyone is unionized to the hilt. Doctors, nurses, hotel workers, bus drivers, etc.

Everyone is pulling these walkouts, and getting 30%, 40% or more raises.

BOOM ! right now...40% raise.

Where do they think that money is gonna come from ?
How about the few people that don't get those raises ?

So, in the case of Argentina, they are making their own inflation.
I spent quite a few years travelling to Argentina for work. Their Governments have been generally well left-of-centre, certainly in recent times (last 25-ish years). Most presidents have been promoters of Peronism, once famously described as "a vague blend of nationalism and labourism or populism."
I predict that Argentina will likely be the next Venezuela before very long, or something uncomfortably close to it.
My opinion is that people need to be careful what they wish for.
 

digger242j

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The membership is hereby reminded that HEF's policy on discussing unions is that we are aggressive in maintaining neutrality. That is to say, to post facts is fine, but to venture into posting opinions is not. It has always been recognized here, that in our industry union vs non-union discussions have a high potential for becoming heated. This is posted in the strong faith that you will all endeavor to keep that from happening.

Thanks.
 

Zewnten

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Apr 2, 2018
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Earth
To be fair JD has been cheapen-ing everything they touch for years now. Engine blocks made in India, not exactly a country known for modern metallurgy, and other parts from all over world at similar industrial levels. So their move to mexico may not have much to do with anything we're seeing.
 

AzIron

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Jun 14, 2016
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Location
Az
I hear companies declaring record profits all over the place hell I am having record profits myself in dollars my margins are slimmer this year than last

I would be curious if these record profits are backed by record margins or is it hype for share holders cause the market seems to be devaluing suggesting the margins dont match the record dollars I would also venture to guess the growth in profits matches the growth in revenue
 
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