CD4EMAN Posted March 18, 2007 Share Posted March 18, 2007 (edited) I heard this rumor going around our plant,has anyone else heard this and what would you think of this proposition? 100,000 would be given and then 20% cut in wages for the full term of 07 contract. Edited March 18, 2007 by CD4EMAN Quote Link to comment Share on other sites More sharing options...
Xerxes12 Posted March 18, 2007 Share Posted March 18, 2007 I heard this rumor going around our plant,has anyone else heard this and what would you think of this proposition? Don't start that rumor. I'm leaving June 1st with my $35k. That might make me change my mind! :poke: Quote Link to comment Share on other sites More sharing options...
hendew_15 Posted March 18, 2007 Share Posted March 18, 2007 I heard this rumor going around our plant,has anyone else heard this and what would you think of this proposition? Thats a good one! Quote Link to comment Share on other sites More sharing options...
SheetMetalJoe Posted March 18, 2007 Share Posted March 18, 2007 bring it! Quote Link to comment Share on other sites More sharing options...
mtp.cares Posted March 18, 2007 Share Posted March 18, 2007 also heard that rumor at mtp..$100,000 for giving up $5.00 per hour Quote Link to comment Share on other sites More sharing options...
Trimdingman Posted March 18, 2007 Share Posted March 18, 2007 What does that mean? I would take the $100,000. Who would want a 20% wage cut? What happens if you take the money? Quote Link to comment Share on other sites More sharing options...
CD4EMAN Posted March 18, 2007 Author Share Posted March 18, 2007 What does that mean? I would take the $100,000. Who would want a 20% wage cut? What happens if you take the money? 'we heard that we would forfeit all raises for the new agreement and would get 100,000 check after we took a 20% wage cut also. Quote Link to comment Share on other sites More sharing options...
OAC_Sparky Posted March 18, 2007 Share Posted March 18, 2007 100,000 bonus in lieu of 20% wage cut in Sept. The thread title is actually misleading, unintentionally. "100,000 bonus in lieu of 20% wage cut in Sept." means getting "$100G INSTEAD OF a 20% pay cut" where they intended to say "$100G IN EXCHANGE FOR a 20% pay cut". Hell, if they offered me $100G for not cutting my wages, sign me up, lol. Quote Link to comment Share on other sites More sharing options...
CD4EMAN Posted March 18, 2007 Author Share Posted March 18, 2007 The thread title is actually misleading, unintentionally. "100,000 bonus in lieu of 20% wage cut in Sept." means getting "$100G INSTEAD OF a 20% pay cut" where they intended to say "$100G IN EXCHANGE FOR a 20% pay cut". Hell, if they offered me $100G for not cutting my wages, sign me up, lol. You are right im sorry bad use of words Quote Link to comment Share on other sites More sharing options...
rc38 Posted March 18, 2007 Share Posted March 18, 2007 (edited) You are right im sorry bad use of words I'm kinda curious if you guys vote for such a agreement,how it would affect the education buyouts. We get 50% of our pay based on the hourly rate,wondering if we will be eligible for the bonus since its part of the wage cut senario. Haven't left yet,sometime between now and september. Guess will see,still don't see Ford paying for a pay cut. I see a possible wage freeze though. Edited March 18, 2007 by rc38 Quote Link to comment Share on other sites More sharing options...
MSP_M/R Posted March 18, 2007 Share Posted March 18, 2007 That 58 grand is now. In future contracts, Ford would stand to make out like a bandit. I don't think we will ever see 3% a years increases, but maybe performance bonuses like the last one we received. Plus, I anticipate profit sharing to be gone this contract as well. When you think long term, Ford stands to gain. Problem is, young workers see that big signing bonus and see new cars, killer sound systems, 80" LCD tv's or whatever toy they have been eyeing. Personally, I turned my buyout down since I was not ready to leave Feb.1st so I will welcome anything that may put me ahead for school. Quote Link to comment Share on other sites More sharing options...
STAPGUY23 Posted March 18, 2007 Share Posted March 18, 2007 someone mentioned this to me at work.sounds good, if the place stays open for 25 more years :unsure: Quote Link to comment Share on other sites More sharing options...
wixommm Posted March 18, 2007 Share Posted March 18, 2007 I'm kinda curious if you guys vote for such a agreement,how it would affect the education buyouts. We get 50% of our pay based on the hourly rate,wondering if we will be eligible for the bonus since its part of the wage cut senario. Haven't left yet,sometime between now and september. Guess will see,still don't see Ford paying for a pay cut. I see a possible wage freeze though. I dont believe it will affect the education buyouts. The 50% is based on our exiting hourly base rate at the time of leaving. I would also think that you have to leave before contract ends so you wont be there when the new contract starts. Quote Link to comment Share on other sites More sharing options...
VDTRANSMAN Posted March 18, 2007 Share Posted March 18, 2007 (edited) I heard this rumor going around our plant,has anyone else heard this and what would you think of this proposition? 100,000 would be given and then 20% cut in wages for the full term of 07 contract. Where do people come up with this crap? If you honestly believe they are going to give you 100K without you leaving the company, you have lost your mind. You did fall down laughing hysterically when this person told you that right??? Edited March 18, 2007 by VDTRANSMAN Quote Link to comment Share on other sites More sharing options...
TCAP'er Posted March 18, 2007 Share Posted March 18, 2007 Where do people come up with this crap? If you honestly believe they are going to give you 100K without you leaving the company, you have lost your mind. You did fall down laughing hysterically when this person told you that right??? Come on now, there are nothing wrong with dreamming. Especially, a fucken wet dream. Lets get serious, even with hell freeze over, it's NEVER going to happend. Funny shit. Quote Link to comment Share on other sites More sharing options...
MichiganTruck_Mafia Posted March 18, 2007 Share Posted March 18, 2007 I dont believe it will affect the education buyouts. The 50% is based on our exiting hourly base rate at the time of leaving. I would also think that you have to leave before contract ends so you wont be there when the new contract starts. This is correct. It's in the educational buyout paperwork I received in January. Quote Link to comment Share on other sites More sharing options...
OLORD Posted March 18, 2007 Share Posted March 18, 2007 HMMMM! We continually hear the majic "20%" reduction in our pay/benefit package. Many are now accepting the fact that we are going to loose 20% in the new contract. We need to remember the art of negotiating. In September we will probably see a 12% reduction and a generous signing bonus. We will all be ecstatic about the U.A.W.'s negotiations as we didn't loose 20% we "knew" we were going to loose, and we received a signing bonus to boot. Ford will be very happy as well because they really only wanted (say 8%) cuts. Food for thought. God Bless ! Quote Link to comment Share on other sites More sharing options...
Shackle Posted March 18, 2007 Share Posted March 18, 2007 (edited) HMMMM! We continually hear the majic "20%" reduction in our pay/benefit package. Many are now accepting the fact that we are going to loose 20% in the new contract. We need to remember the art of negotiating. In September we will probably see a 12% reduction and a generous signing bonus. We will all be ecstatic about the U.A.W.'s negotiations as we didn't loose 20% we "knew" we were going to loose, and we received a signing bonus to boot. Ford will be very happy as well because they really only wanted (say 8%) cuts. Food for thought. God Bless ! I won't be happy with any wage cut! Edited March 18, 2007 by Shackle Quote Link to comment Share on other sites More sharing options...
ACH'ER Posted March 18, 2007 Share Posted March 18, 2007 HMMMM! We continually hear the majic "20%" reduction in our pay/benefit package. Many are now accepting the fact that we are going to loose 20% in the new contract. We need to remember the art of negotiating. In September we will probably see a 12% reduction and a generous signing bonus. We will all be ecstatic about the U.A.W.'s negotiations as we didn't loose 20% we "knew" we were going to loose, and we received a signing bonus to boot. Ford will be very happy as well because they really only wanted (say 8%) cuts. Food for thought. God Bless ! When we all walk away with just a 10% pay cut we will all be happy because it was not a 20% cut. Ford wants us to be scared and expect big concessions so we will not fight small ones. It is all a mind game. Quote Link to comment Share on other sites More sharing options...
Trimdingman Posted March 18, 2007 Share Posted March 18, 2007 (edited) When we all walk away with just a 10% pay cut we will all be happy because it was not a 20% cut. Ford wants us to be scared and expect big concessions so we will not fight small ones. It is all a mind game. In over 32 years I have seen this game played many times, but never on this scale. I am Canadian. We have our own health care which saves Ford a bundle. I believe that your health care will be affected in the new contract. It will not be affected by a lot, but you will have to pay a bit more out of your own pockets. It will be just enough to get some of you to want public health care. (Believe me. You don't want it.) You will get modest pay increases and some lump sums. Concessions along the lines of COA may be in the cards for all plants. They have got you by the you know whats. The union will not put you out on strike. The company could be really nasty if they wanted to, but they won't. That is my prediction. Edited March 18, 2007 by Trimdingman Quote Link to comment Share on other sites More sharing options...
CD4EMAN Posted March 18, 2007 Author Share Posted March 18, 2007 HMMMM! We continually hear the majic "20%" reduction in our pay/benefit package. Many are now accepting the fact that we are going to loose 20% in the new contract. We need to remember the art of negotiating. In September we will probably see a 12% reduction and a generous signing bonus. We will all be ecstatic about the U.A.W.'s negotiations as we didn't loose 20% we "knew" we were going to loose, and we received a signing bonus to boot. Ford will be very happy as well because they really only wanted (say 8%) cuts. Food for thought. God Bless ! exactly!well put.i said it was a rumor. and we all know about rumors. and yes i did laugh in their face, still if our union is thinking 20% and we only lose 10% they (our union )will tell us look what we did we saved 10% of your pay. could it be our union is the ones starting these rumors? :shades: Quote Link to comment Share on other sites More sharing options...
Trimdingman Posted March 18, 2007 Share Posted March 18, 2007 'we heard that we would forfeit all raises for the new agreement and would get 100,000 check after we took a 20% wage cut also. The only way that I can see that happening is if it was across the board. Otherwise, there would be a two-tiered wage scale. That may be all right for the ones who got the hundred gs, but those hired later would be a bunch of unhappy campers if they were doing the same work for way less pay than some of their co-workers. Quote Link to comment Share on other sites More sharing options...
wixommm Posted March 18, 2007 Share Posted March 18, 2007 I thought that when they opened the contract and did all that stuff with health care for the retirees and the pay raises we gave up that it was negotiated that in the next contract that health care will be off the table for negotiations? Does anyone else remember that or something to that affect? Quote Link to comment Share on other sites More sharing options...
Hellcat_F6F Posted March 19, 2007 Share Posted March 19, 2007 That 58 grand is now. In future contracts, Ford would stand to make out like a bandit. I don't think we will ever see 3% a years increases, but maybe performance bonuses like the last one we received. Plus, I anticipate profit sharing to be gone this contract as well. When you think long term, Ford stands to gain. Problem is, young workers see that big signing bonus and see new cars, killer sound systems, 80" LCD tv's or whatever toy they have been eyeing. Personally, I turned my buyout down since I was not ready to leave Feb.1st so I will welcome anything that may put me ahead for school. I'm under 35, so maybe that makes me a somewhat younger worker....what I see in these lump sum rumors is the chance to pay down my mortgage and other debts, and live comfortably without the worry of paying my bills, even after the pay cut...no reckless spending at all. I sure hope that there is substance to all this...a lump sum like that would be welcome here! Quote Link to comment Share on other sites More sharing options...
mrballsonya Posted March 19, 2007 Share Posted March 19, 2007 (edited) C'mon people. Use some basic math here. High end estimate on wages, which I don't agree with: $28 per hour Hours in a year: 2080 Years in a contract: 5 So.... $28 X 20% X 2080 X 5 = $58,240 Do you honestly think this is going to happen? :beerchug: :beerchug: You people are crazy to believe this shit, do you realize how much this would cost Ford? $100,000 x aprox. 50,000 hourly(after buyouts) = 5 Billion dollars.... For a contract Bonus :hysterical: My brothers, uncles, nephew heard from a high ranking UAW official..... that ford will be handing out crack pipes and rocks to all it's hourly workforce the day before the vote for the new contract......Stranger things have happened. I never thought we'd all get bonuses for losing $12,000,000,000.... Maybe we'll all get $100,000 and crack...man thats a scary thought. Edited March 19, 2007 by mrballsonya Quote Link to comment Share on other sites More sharing options...
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