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Post by dave7293 on Feb 1, 2011 10:43:48 GMT -5
NO MORE!! The link at the bottom is the whole story. Somebody help me. I don`t see the loss of Ford motor credit out of the profit sharing formula. We all know we lost it. That`s worth thousands. Worker sacrifices since 2005 UAW workers at General Motors, Ford and Chrysler have agreed to numerous benefit cuts in contract changes and new contracts ratified since 2005. In May, during a speech at the Federal Reserve Bank of Chicago's automotive conference, UAW Vice President Bob King said the average UAW worker has sacrificed between $7,000 and $30,000 in pay and benefits over the past 10 years. Below are the changes since 2005: 2005: UAW members at General Motors and Ford ratify changes to a four-year contract that include: New premiums and higher co-payments and deductibles for retirees and members. The maximum annual out-of-pocket costs for retirees at Ford and GM were set at $370 for individuals and $752 for families. A portion of the cost-of-living increases for active workers is diverted into a fund to pay for health care and a company-managed trust fund. 2007 four-year labor agreement: Union agrees to establish a trust fund to pay for retiree health care. That trust, called a voluntary employee beneficiary association, or VEBA, rids the automakers of about $88 billion in estimated future health liabilities. A second-tier wage that starts at about $14 per hour per for newly hired workers is established. That is about half of the $28 base-wage rate for existing workers. Retiree health benefits eliminated for all future hires. Defined pensions eliminated for all future hires. New limitations put on controversial jobs bank. In return, UAW members receive a $3,000 signing bonus followed by a lump-sum bonus of 3% or 4% for each year in lieu of a wage increase, and product commitments at many plants. Spring 2009 contract modifications: The expected annual lump bonuses agreed to in 2007 are suspended, along with cost-of-living increases and performance bonus. Reduced overtime Elimination of Easter holiday by one day No payment for unused vacation Controversial jobs bank program suspended. Worker retraining programs put in place instead. *Retiree vision and dental care no longer offered. *Reduction of skilled trades classifications, limited no-strike clause, wage freeze for entry-level workers. *Ford did not obtain these concessions. Sources: Center for Automotive Research, UAW, Free Press research www.freep.com/article/20100613/BUSINESS01/6130517/Concessions-add-tension-as-UAW-sets-next-course
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Post by ktpelec on Feb 1, 2011 11:31:06 GMT -5
There are also many millions of other American workers that have lost way more....Just sayin', we're not alone. What do you do? Lets hear the plan to get it all back.
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Post by dave7293 on Feb 1, 2011 11:55:17 GMT -5
Ktpelec I don`t know about you but I have paid $1000`s to the IUAW to answer that question. :oMy advice to you and anyone else is to vote no the first two or three times and we might get a few things backs.
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Post by beenaround on Feb 1, 2011 12:00:00 GMT -5
Couldn't agree with you more Dave7293. Never ever vote yes the first time around at the very least.
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Post by fordmakesnosense on Feb 1, 2011 13:31:09 GMT -5
we gave up too much i agree .....but if this country doesnt find a way to control gas and health care costs....we will be lucky to keep our jobs much less strike
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Post by marcus on Feb 1, 2011 18:55:29 GMT -5
Yea ive never read anyplace that ford credit was taken out.Ill vote No on anything that doesnt give us somethings back.VOTE NO
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Post by TonyV on Feb 1, 2011 19:21:49 GMT -5
Here you go:
Pages 76 and 77 of Volume III, of the Agreement between UAW® and the FORD MOTOR COMPANY:
AGREEMENT CONCERNING PROFIT SHARING PLAN AND FORD MOTOR COMPANY PROFIT SHARING PLAN FOR HOURLY EMPLOYEES IN THE UNITED STATES
On this 3rd day of November, 2007 at Dearborn, Michigan, Ford Motor Company, a Delaware corporation, hereinafter referred to as the Company, and the International Union, United Automobile, Aerospace and Agricultural Implement Workers of America, UAW, an unincorporated voluntary association, hereinafter referred to as the Union, agree as follows:
PART B I. Definitions:…..
16. ‘‘Profits’’ shall mean, for any Plan Year, the Income (Loss) Before Income Taxes of Ford and its Consolidated Subsidiaries (excluding Ford Motor Credit Company and its partially or wholly-owned subsidiaries) for such Plan Year, less the sum of the following: (a) the Income (Loss) Before Income Taxes for such Plan Year of (i) all Domestic Consolidated Subsidiaries that are not included in U.S. Operations, and (ii) all Consolidated Subsidiaries that are not Domestic Consolidated Subsidiaries; (b) Ford’s equity in the Net Income (Loss) (after taxes) for such Plan Year of (i) all Domestic Unconsolidated Subsidiaries and Domestic Affiliates that are not included in U.S. Operations, and (ii) all Unconsolidated Subsidiaries and Affiliates that are not Domestic Unconsolidated Subsidiaries or Domestic Affiliates;
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Post by marcus on Feb 1, 2011 19:32:28 GMT -5
wow
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Post by dave7293 on Feb 1, 2011 20:25:36 GMT -5
Tonyv I ment that the Media, Union and Ford was not giving us credit for loss income when it came to profit sharing losses due to Ford motor credit not being in the formula. the $7,000.00 to $30,000.00 surely that number would go up buy a few $1,000.00. I know we are all closer to the $30,000.00 mark
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Post by ktpelec on Feb 2, 2011 8:06:33 GMT -5
The media will never give us "credit" for anything we believe is right or wrong. "We", the organized union workers are a minority, a much hated minority in the U.S.. While millions of workers have lost everything, wages, benefits, ect... we have sacrificed, but not nearly as much as many others. We still have the top pay and benefits of anyone in the U.S. and our Union has worked very hard to hang on to those this long. We can cry and bitch all we want, as long as there are millions of U.S. workers more than willing to do our jobs at a much lower wage and benefits, we don't have much power to fight with.
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Post by dave7293 on Feb 2, 2011 9:13:23 GMT -5
Re: Worker sacrifices since 2005. free press. « Reply #9 Today at 7:06am » -------------------------------------------------------------------------------- The media will never give us "credit" for anything we believe is right or wrong. "We", the organized union workers are a minority, a much hated minority in the U.S.. While millions of workers have lost everything, wages, benefits, ect... we have sacrificed, but not nearly as much as many others. We still have the top pay and benefits of anyone in the U.S. and our Union has worked very hard to hang on to those this long. We can cry and bitch all we want, as long as there are millions of U.S. workers more than willing to do our jobs at a much lower wage and benefits, we don't have much power to fight with. Read more: www.scottrlap.proboards.com/index.cgi?board=rumors&action=display&thread=9320#ixzz1CoGUVWLtKtpelec you might want to do some research before you make a statement like that. We do not have the top wage and benefits of anyone in the USA. My 20 year old makes a lot more then me with better benefits. My bother and his wife work for the KY school system and they both make the same for her and more for him then I do and don`t get me started on their benefits. When was the last time you had a sick day??? they get 12 a year. when my Dad retired from the U.S. postal service a few years ago he was getting 12 sick days and 5 weeks vacation a year and he could take his vacation when he wanted not forced every July. And they all have better retirements then we do. None of them pay $100.00 for a ER visit. If you want to stay stagnate for years that`s ok but don`t expect the rest of us to want too join you. And if you don`t believe me come see me on C-crew body shop . I drive a fork and almost every body knows me. Dave
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Post by ktpelec on Feb 2, 2011 12:39:16 GMT -5
Is your son a non-skilled worker Dave? It sounds like your brother and wife are college educated professionals also, thats comparing oranges to apples, they are not in the same class as the average non-skilled union autoworker. My wife works at the USPS, yes she has good pay and benefits but they have slashed half the workforce in the last 2 years, adding a lot more work to her with hardly any unon representaion compared to us. Don't be mad Dave, I'm not arguing , I would like to have more also. But the truth is the entire U.S. workforce, especially the non-skilled, has remained stagnant or lost thier jobs completely. What do we do to get these benefits back in such a bad economy?
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Post by dave7293 on Feb 2, 2011 17:42:21 GMT -5
Ktpelec. I never said it was my son.. The only one that has a post secondary degree is my daughter. She is a nurse. And Ford just made the second highest profits in company history and right now over 8 out of ten companies that report profits to the SEC are beating analyst estimates. Over a 4th are reporting record profits. The Dow just went over 12,000. Almost 190,000 jobs added to the private sector last month AND AVERAGE PAYROLLS WENT UP LAST YEAR ...........EXCEPT OURS. As I said before I have paid the IUAW $1,000`s over the years to figure out a way to get our benefits back. My way is to vote no on the first and every contract this year until there is a finacial FIXED gain in it. Oh did I for get to mention that the auto sector is expecting 12.5 to 13 million vehicle sold in the US in 2011. You can be content all you want but don`t expect all of us to just except what`s really going on at the top an just sit down and take it. It`s not called being mad it`s called standing up for what you know is right.
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Post by ktpelec on Feb 3, 2011 7:29:11 GMT -5
Sorry Dave, my bad. It's great that your daughter has such a good job, and she is not a non-skilled factory worker, her schooling makes her worth more than the average person off the street. I am not content, yet I'm not ready to riot either. LOL The points you make are true but unemployment is still very high, only a small part of the economy is actually recovering, and gas prices will continue to go up. What we know is right and what the rest of American workers and public think is right may not be the same, a hard line approach by the UAW could possibly be the worst thing for our image in these days and times, causing more Americans to buy non-union made vehicles, which make up a large part of that 12 to 13 million to be sold this year. The American public has been the ones to not support the Union autoworker...you cannot beat them into liking us. When contract time comes around I will take all factors into account, and make my decisions on knowledge, not anger or frustration.
We both can discuss thing all we want on this Forum, and not make any difference what so ever. Now if we spend a lot of time and energy away from here going to Union meetings, sending Emails, ect... getting involved them maybe we could start to make a change in the public and our law makers. Have a great day.
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