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>Before the bankruptcy, the US Autoworker cost roughly $100 an hour. One hundred dollars an hour. That is a misleading metric in this context. All employees co
by KozmoNau7 9y ago
>Before the bankruptcy, the US Autoworker cost roughly $100 an hour. One hundred dollars an hour.
That is a misleading metric in this context. All employees cost significantly more than their direct paycheck, because of pension payments, healthcare and such.
$100 sounds very reasonable.
- valuearb 9y agoNot when your competitors pay $35/hour.
- KozmoNau7 9y agoYou're mixing up two very different things. One is the hourly pay for a worker. The other is the total cost of a worker, including training, pensions, equipment, everything. It's not a metric that usually talked much about, but it is an important metric, which should obviously be lower than the value created by the worker. Workers in a lot of fields cost 2-3x as much as their paycheck, but they create the value to offset that as well.