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This is really unfortunate. At the same time, if you work in a factory where the union has achieved irresponsible deals with the company that ones your factory
by houseabsolute 17y ago
This is really unfortunate. At the same time, if you work in a factory where the union has achieved irresponsible deals with the company that ones your factory that are slowly choking that company to death, I do sincerely hope you have the sense to save as much of that money as possible. Not saying that's necessarily the case with the guy in this article, but there aren't a whole lot of people that manage to pull down 100k per year with only a high school education so it seems at least plausible to me.
- sailormoon 17y agothere aren't a whole lot of people that manage to pull down 100k per year with only a high school education I know plenty of people who earn a lot more than that with "only" a HS education. It's about what you can do, not what you supposedly learned at uni - I don't quite understand what people think is so awesome about university anyway. I think what you're trying to get at is that he has no marketable skills outside his narrow experience as a senior machine operator at a specific company. That was indeed a pretty big bet, and looks like he lost. It's a pity, but the days of expecting lifetime employment are over.
- ahi 17y ago$28/hour before overtime for a heavy equipment operator in battery factory (read: blink and kill someone) seems perfectly reasonable to me. He started at $10.76/hour in 1983. His hourly pay increased all of 6 inflation adjusted dollars ($10.76 in 1983 = $22.13 in 2007) over the past quarter century.
- jdminhbg 17y ago$28/hour would work out to $56k/year, before overtime. He'd have to work a lot of overtime to get to $100k.
- ahi 17y agoFrom the WSJ article: "'It's sad,' says Mr. Crane, who had been earning about $28 per hour at Delco, before overtime." He could get to $100k relatively easily with a 60 hour work week which is perfectly reasonable. $28x2000 + $28x1.5x1000 gets him to $98k, and holidays usually mean better than time and a half.