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Post by 06gt on Jan 5, 2011 18:25:14 GMT -5
Anyone see the article in December about the Big 3 & Union working on a deal to change profit sharing? With Ford having a big year how will this be effecting us? I smell a rat.
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Post by keithf on Jan 5, 2011 19:57:06 GMT -5
Anyone see the article in December about the Big 3 & Union working on a deal to change profit sharing? With Ford having a big year how will this be effecting us? I smell a rat. profit sharing is part of our contract. any changes would be negotiated for next contract.
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Post by 06gt on Jan 6, 2011 9:35:48 GMT -5
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Post by 06gt on Jan 6, 2011 9:37:37 GMT -5
They are opening up the contract and are now in discussions. Since when do they wait til contract time to screw us?
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Post by 06gt on Jan 6, 2011 9:38:29 GMT -5
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Post by 06gt on Jan 6, 2011 9:39:47 GMT -5
1st link didnt work but 2nd one did for anyone who wants to see for themselves.
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Post by keithf on Jan 6, 2011 10:12:50 GMT -5
They are opening up the contract and are now in discussions. Since when do they wait til contract time to screw us? fair point, no doubt. but that article is about negotiations for the next contract. the way profit sharing is curently composed, its either a huge hit, or a big miss. maybe a change in the system, where we got a decent share every year would be good. as it stands now, we either get 7,000, or damn near nothing.
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Post by fuckugettelfinger on Jan 6, 2011 12:07:20 GMT -5
I tend to be a pessimist. So I'm going with we are getting screwed this year. With the debt load Ford is carring and the money they are spending on plants it is difficult for me to not think this way. As far as future profit sharing. I look for them to put a cap on it. I'm betting 5k.
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Post by galvatro on Jan 6, 2011 13:18:45 GMT -5
Hello All!
I'm a bit mixed when it comes to Profit Sharing. On one hand, it would be really nice to get something, considering the give-backs that salary have received. On the other hand, I can appreciate Ford paying down the massive debt and funding plant renovations. I've managed to pay down nearly all of my debt over the past year, so I understand the weight that it lifts when you pay it off.
With all of the negativity associated with the salary givebacks, I understand why most would be mad over not getting any profit sharing. It would be nice to, but I am not counting on it. That way, if we do, it would be a nice surprise.
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