I love playing this game. Let's say Ford fired the executive board and gave all of their salaries to the hourly workers. That would be a yearly pay increase of, roughly, $1,100. If you extended that out to the VPs, it might add another few hundred on top of that.
Now let's take the base salary increase the UAW negotiated with Ford last year. It's roughly $18 an hour for starting salaries. Multiplied out by 57,000 workers, that's $2 billion dollars in higher labor costs, conservatively [[40 hour work week, a couple weeks of unpaid vacation) That's *just* taking in to account the hourly wage, and not the additional benefit costs [[supplemental unemployment, short work week, counseling services, etc...)
Bookmarks