coming big uaw strike?
#378
Lexus Fanatic
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
![LeX2K is offline](https://www.clublexus.com/forums/images/statusicon/user_offline.gif)
#380
Lexus Champion
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
This is a simple question, how much should Mary Barra make. That's it. You've touted how a fair CEO salary is critically important to workers and companies a whole. Put a number on it, if you refuse to answer then you are not here for a real conversation. This entire strike is about MONEY.
According to mmarshall CEO pay is extremely important. Fine, then afford us some decency and put a dollar figure on it.
According to mmarshall CEO pay is extremely important. Fine, then afford us some decency and put a dollar figure on it.
If I hired three people for example I would take 40-60% easily so I guess that makes me more evil than GM
![Striker223 is offline](https://www.clublexus.com/forums/images/statusicon/user_offline.gif)
#381
Lexus Fanatic
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
I think the CEO should get 3-5% of the profits after all expenses/taxes. That's still somewhat low but at larger operations it's fine, small scar that would be extremely bad.
If I hired three people for example I would take 40-60% easily so I guess that makes me more evil than GM
If I hired three people for example I would take 40-60% easily so I guess that makes me more evil than GM
BTW you are spot on about union workers they are incentivized to be drones. Don't rock the boat, don't show anyone up. Go to work do the minimum expected of you. Step outside those boundaries and things can get very ugly for you.
![LeX2K is offline](https://www.clublexus.com/forums/images/statusicon/user_offline.gif)
#382
Super Moderator
![](https://www.clublexus.com/forums/images/ranks/rank-smod2.gif)
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
The union was demanding that they keep that generous plan AND get a full pension "like the old days".
Last edited by geko29; 10-31-23 at 04:20 AM.
![geko29 is offline](https://www.clublexus.com/forums/images/statusicon/user_offline.gif)
#383
Lexus Fanatic
Thread Starter
iTrader: (20)
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
geko29 excellent post. mmarshall's assertion that the ceo is greedy pales in comparison to the greed of the uaw wanting everything and giving nothing.
The Villages community here in central florida is thankful for the uaw though as so many of them retire there to get away from snow and cold!
they bring their millions, buy nice homes, fancy golf carts, spend in all the restaurants... it's been a huge win for the family the started The Villages (now more than 150,000 people).
The Villages community here in central florida is thankful for the uaw though as so many of them retire there to get away from snow and cold!
![Big Grin](https://www.clublexus.com/forums/images/smilies/biggrin.gif)
![bitkahuna is offline](https://www.clublexus.com/forums/images/statusicon/user_offline.gif)
#384
Lexus Fanatic
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
![mmarshall is offline](https://www.clublexus.com/forums/images/statusicon/user_offline.gif)
#385
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
You're either ignoring those of us stating that pension plans are not sustainable, or are living in a different reality. In your world, how are these pension plans funded? Remember, there are way more people taking out than putting in.
![Mike728 is offline](https://www.clublexus.com/forums/images/statusicon/user_offline.gif)
#386
Pole Position
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
Pension plans can absolutely be sustainable. I have one from a former employer that’s fully funded because appropriate contributions were made by all stakeholders, it’s administered professionally and, importantly, the employer didn’t dip into it in years gone by claiming it was “overfunded”.
![swajames is offline](https://www.clublexus.com/forums/images/statusicon/user_offline.gif)
#387
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
Pension plans can absolutely be sustainable. I have one from a former employer that’s fully funded because appropriate contributions were made by all stakeholders, it’s administered professionally and, importantly, the employer didn’t dip into it in years gone by claiming it was “overfunded”.
I work at one of the oldest tech companies in the country, which had a pension when I started. It was deemed too costly and was ended back in the early 2000's. There was no way to economically continue funding it. It reached a point where there were way more retirees than current employees, similar to the auto companies. They gave us old timers a portable pension and upped our 401k matching to 6/6 100%.
![Mike728 is offline](https://www.clublexus.com/forums/images/statusicon/user_offline.gif)
#388
Pole Position
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
This is a non government business that still offers pensions to new hires? What line of work is it and how long has it been in business? What's your estimate of current employees vs retirees?
I work at one of the oldest tech companies in the country, which had a pension when I started. It was deemed too costly and was ended back in the early 2000's. There was no way to economically continue funding it. It reached a point where there were way more retirees than current employees, similar to the auto companies. They gave us old timers a portable pension and upped our 401k matching to 6/6 100%.
I work at one of the oldest tech companies in the country, which had a pension when I started. It was deemed too costly and was ended back in the early 2000's. There was no way to economically continue funding it. It reached a point where there were way more retirees than current employees, similar to the auto companies. They gave us old timers a portable pension and upped our 401k matching to 6/6 100%.
![swajames is offline](https://www.clublexus.com/forums/images/statusicon/user_offline.gif)
#389
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
I get funding reports from mine as well. I have a portable, which if I leave it alone will be paid out like a pension when I hit 65 shortly. It's all good and is government backed as well. However, as I said, it's no longer being offered. I'll bet your old employer is also no longer offering them, which was the whole point of my statement. They are no longer sustainable.
![Mike728 is offline](https://www.clublexus.com/forums/images/statusicon/user_offline.gif)
#390
Lexus Fanatic
Thread Starter
iTrader: (20)
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
they don't need it. this isn't the 1960s. if they contribute to their hugely generous 401k's, as geko pointed out, they all retire millionaires.
![bitkahuna is offline](https://www.clublexus.com/forums/images/statusicon/user_offline.gif)