wildosvt Posted October 8, 2007 Share Posted October 8, 2007 If this GM contract goes thru (which it appears, but who knows) and they are able to start the 2 tier wage scale. What happens to the GM (delphi) workers who took the buydown? My point. The incentives include: • A $105,000 buy-down — paid in $35,000 installments over three years — for about 4,000 workers who now receive the same wages and benefits as GM employees. In exchange, those workers would see their hourly wages cut from about $28 to so-called supplemental rates of $14.50 to $18.50, beginning Oct. 1. During the buy-down period, those workers also can try to return to GM. Will they still be able to return before GM hires 2 tier people? If not, WOW. Quote Link to comment Share on other sites More sharing options...
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