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They're asking for 20% to offset recent inflation and then 5% per year until 2027[0]. Misrepresenting a cumulative 4 year increase as a single upfront one is h
by Jochim 3y ago
They're asking for 20% to offset recent inflation and then 5% per year until 2027[0].
Misrepresenting a cumulative 4 year increase as a single upfront one is honestly disgusting behaviour. I can only hope that GP shares the same level of disdain for the CEOs of these companies who actually received a 40% increase in their compensation over the last 4 years[0].
[0] https://eu.detroitnews.com/story/business/autos/2023/08/03/uaw-demands-46-percent-pay-hike-in-talks-with-detroit-three-automakers/70525605007/ https://eu.detroitnews.com/story/business/autos/2023/08/03/u...
- mschuster91 3y ago> Misrepresenting a cumulative 4 year increase as a single upfront one is honestly disgusting behaviour. It's not. Even under normal conditions, central banks aim for 2% inflation per year, and a further 3% increase in wages is everything but disgusting - it's time for the workers to get back more of the profits that the megacorporations distribute to shareholders, especially as productivity increases historically have not been redistributed to the employees. Time for the latter to be compensated as well.
- sokoloff 3y agoI think you misread GP's comment pretty badly. They're saying that misrepresenting the UAW demand as a 45% increase is disgusting, not that the 45% figure is itself disgusting.
- Jochim 3y agoAs sokoloff has pointed out, we don't disagree with one another. My comment was a criticism of those who portray workers' demands as a single massive increase, rather than a small yearly increase.