Comments on: UAW to Ford: Executives’ earnings are “excessive and unjustified” http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html Car news, reviews, and specs for the auto-industry Sat, 11 Feb 2012 01:21:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: jackjimturkey http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-371133 jackjimturkey Mon, 07 Apr 2008 16:39:27 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-371133 Thatguy: "When was the last time a lineworker got a call at 2am for a corportate problem, or had to work a 14 hr day with no overtime." weih weih weih boo hoo hoo! Thatguy: “When was the last time a lineworker got a call at 2am for a corportate problem, or had to work a 14 hr day with no overtime.”
weih weih weih boo hoo hoo!

]]> By: planet_drive http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-371099 planet_drive Mon, 07 Apr 2008 15:26:56 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-371099 Ford is just a dirty corrupt company building and selling crap to its foolish customers. But like all corrupt corporations and governments, it will eventually collapse, but the execs don't care, because they got so much money to last 500 years. Ford is just a dirty corrupt company building and selling crap to its foolish customers. But like all corrupt corporations and governments, it will eventually collapse, but the execs don’t care, because they got so much money to last 500 years.

]]> By: mayer_ray_nagin http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-371074 mayer_ray_nagin Mon, 07 Apr 2008 13:57:46 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-371074 Dislike them as I do, I tend to side with the UAW on this. Although the execs' contracts may have bee set in stone prior to union negotiations, part of the reason financially that the execs hit their goals (and thus qualified for more bonus) is that the unions caved to them. If nothing else, this type of bonusing leaves a bad taste in the union members' mouths, and will thus make future negotiations that much more difficult. It would have been wiser for the recipients to defer the compensation until the turnaround is complete to avoid the hard feelings in the rank and file. Dislike them as I do, I tend to side with the UAW on this. Although the execs’ contracts may have bee set in stone prior to union negotiations, part of the reason financially that the execs hit their goals (and thus qualified for more bonus) is that the unions caved to them. If nothing else, this type of bonusing leaves a bad taste in the union members’ mouths, and will thus make future negotiations that much more difficult.

It would have been wiser for the recipients to defer the compensation until the turnaround is complete to avoid the hard feelings in the rank and file.

]]> By: Thatguy http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-371068 Thatguy Mon, 07 Apr 2008 12:55:19 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-371068 When was the last time a lineworker got a call at 2am for a corportate problem, or had to work a 14 hr day with no overtime. Or had to cancel a schedule vacation, or work through the flu? How about fly across the world for 2 weeks away from family without any notice? No overtime, what will we do?!!!! THeres a reason why one guy makes 55k and another makes millions. Now that being said, Rick Wagoner offering to cut his pay in half to something near 1.5 mill or so, is much smarter than these Ford hogs making 2o+mill. At least he made an effort to show he is part of the team, and he works his educated, talented ass off for it. When was the last time a lineworker got a call at 2am for a corportate problem, or had to work a 14 hr day with no overtime. Or had to cancel a schedule vacation, or work through the flu? How about fly across the world for 2 weeks away from family without any notice? No overtime, what will we do?!!!!

THeres a reason why one guy makes 55k and another makes millions. Now that being said, Rick Wagoner offering to cut his pay in half to something near 1.5 mill or so, is much smarter than these Ford hogs making 2o+mill. At least he made an effort to show he is part of the team, and he works his educated, talented ass off for it.

]]> By: sharpie http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-371047 sharpie Mon, 07 Apr 2008 02:26:57 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-371047 Not just the Big Three, most company directors and officers are overpaid. They also favor each other and elect each other to multiple boards! And thanks to Delaware and the SEC, shareholders basically can't sue anyway, and as long as it's "business judgment", the have no personal liability. Remember Michael Eisner whom more than 50% of Disney s/h hated, yet still got elected as Chairman? Then he would get along with the CEO whom he handpicked and Disney had to buy out the CEO's contract. Talk about corporate waste. Case was litigated and of course, no one was held liable. What you expect from a fascist economy like ours? Not just the Big Three, most company directors and officers are overpaid. They also favor each other and elect each other to multiple boards! And thanks to Delaware and the SEC, shareholders basically can’t sue anyway, and as long as it’s “business judgment”, the have no personal liability. Remember Michael Eisner whom more than 50% of Disney s/h hated, yet still got elected as Chairman? Then he would get along with the CEO whom he handpicked and Disney had to buy out the CEO’s contract. Talk about corporate waste. Case was litigated and of course, no one was held liable. What you expect from a fascist economy like ours?

]]> By: jayjc08 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-371019 jayjc08 Sun, 06 Apr 2008 16:58:46 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-371019 But hey, if I were in the position of some of the UAW workers, I wouldn't be complaining. We should be proud that we can sit around and do a somewhat tedious, boring job all day long, and come home to a good paycheck in the mailbox every month ;). The UAW has it's purpose, but it needs not to get into the financial affairs of Ford, GM and Chrysler. We may not see that for much longer, and I'm not talking about the UAW either. But hey, if I were in the position of some of the UAW workers, I wouldn’t be complaining. We should be proud that we can sit around and do a somewhat tedious, boring job all day long, and come home to a good paycheck in the mailbox every month ;) . The UAW has it’s purpose, but it needs not to get into the financial affairs of Ford, GM and Chrysler.

We may not see that for much longer, and I’m not talking about the UAW either.

]]> By: jayjc08 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-371018 jayjc08 Sun, 06 Apr 2008 16:55:39 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-371018 I'm surprised at how much the UAW talks out of their arses. While their complaining about Ford overpaying their executives, which is true, the long list of paychecks in the six figure range has been increasing 20% every year, since about 2001. Most of these guys aren't earning nearly as much as these fat cats up in comfy offices, but that numbers been raising. I think Ron Gettelfinger's been earning around 150k (he earned 125k in 2002), which isn't excessive at all, but what is excessive is that long increasing number of six figure employees working as regular laborers, part after part at Ford factories. The UAW's numbers have been decreasing, and maybe the reason why is the Big Three have been taking care of their workers, which they've almost always done since Henry Ford. I think this is more than less a cry out there to warm people up to what they consider the "atrocities" of big business, making accusations left and right to try to keep hold. I’m surprised at how much the UAW talks out of their arses.

While their complaining about Ford overpaying their executives, which is true, the long list of paychecks in the six figure range has been increasing 20% every year, since about 2001. Most of these guys aren’t earning nearly as much as these fat cats up in comfy offices, but that numbers been raising. I think Ron Gettelfinger’s been earning around 150k (he earned 125k in 2002), which isn’t excessive at all, but what is excessive is that long increasing number of six figure employees working as regular laborers, part after part at Ford factories.

The UAW’s numbers have been decreasing, and maybe the reason why is the Big Three have been taking care of their workers, which they’ve almost always done since Henry Ford. I think this is more than less a cry out there to warm people up to what they consider the “atrocities” of big business, making accusations left and right to try to keep hold.

]]> By: DeansterTJ http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-371007 DeansterTJ Sun, 06 Apr 2008 14:40:30 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-371007 Sure 400horsecockssucked, we'll click a random link and read all about it! LOL! Nothing changes the fact that your shitty little unskilled redneck routine is being sold to China for pennies a day. Does welfare pay enough to keep you rolling in Doritos and cable TV? I wouldn't want anything to happen to your union-monkey lifestyle! Sure 400horsecockssucked, we’ll click a random link and read all about it! LOL! Nothing changes the fact that your shitty little unskilled redneck routine is being sold to China for pennies a day.

Does welfare pay enough to keep you rolling in Doritos and cable TV? I wouldn’t want anything to happen to your union-monkey lifestyle!

]]> By: 400horseSS http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-371003 400horseSS Sun, 06 Apr 2008 07:59:14 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-371003 Talk all the bull you want about the UAW but...................................http://www.thegmsource.com/index.php?categoryid=19&p2_articleid=915 Talk all the bull you want about the UAW but……………………………..http://www.thegmsource.com/index.php?categoryid=19&p2_articleid=915

]]> By: gizmo2 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370991 gizmo2 Sun, 06 Apr 2008 03:22:56 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370991 I am not a big fan of these big exec salaries but UAW know that these salaries were negotiated long before their agreement with the company so they need to shut up and include it in their next round of negotiation if Ford does nothing about at. I am not a big fan of these big exec salaries but UAW know that these salaries were negotiated long before their agreement with the company so they need to shut up and include it in their next round of negotiation if Ford does nothing about at.

]]> By: Catiadesigner http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370984 Catiadesigner Sun, 06 Apr 2008 02:41:42 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370984 Nothing new, all of the big three have massively over paid execs, the thing that gets my goat is that its almost like a club for the boys, even if they do a crappy job and get the company closed down, the twenty or so million they make a year isn't enough, they just walk into another highly paid exec position at another company and continue to rape the workers. The chrylser execs have been getting huge bonuses for years, even down to the grade 94 managers, 50 to 200% of salary and they have been helping to drive the company into the ground for years. I dare say people like Nardelli will never be happy no matter how much money they have, its all about power over people I suppose. In my humble opinion, the same rules should apply to the execs as any other worker, if you can't do the job you should get fired PDQ. Nothing new, all of the big three have massively over paid execs, the thing that gets my goat is that its almost like a club for the boys, even if they do a crappy job and get the company closed down, the twenty or so million they make a year isn’t enough, they just walk into another highly paid exec position at another company and continue to rape the workers. The chrylser execs have been getting huge bonuses for years, even down to the grade 94 managers, 50 to 200% of salary and they have been helping to drive the company into the ground for years. I dare say people like Nardelli will never be happy no matter how much money they have, its all about power over people I suppose. In my humble opinion, the same rules should apply to the execs as any other worker, if you can’t do the job you should get fired PDQ.

]]> By: autonut http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370955 autonut Sat, 05 Apr 2008 23:05:34 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370955 I think it will be theoretical discussion in very near future. The fact is that Ford management mortgaged ALL of it's assets for 23 billion dollars because they could not get operating line of credit with their credit rating. When 23 billions run out creditor, whoever idiot is, will have to sell assets to the highest bidder. Since there is not a chance ford will make money anytime soon it is a matter of time and creditor patience before Tata will buy the rest of Ford (or some other Asian wannabe). I think it will be theoretical discussion in very near future. The fact is that Ford management mortgaged ALL of it’s assets for 23 billion dollars because they could not get operating line of credit with their credit rating. When 23 billions run out creditor, whoever idiot is, will have to sell assets to the highest bidder. Since there is not a chance ford will make money anytime soon it is a matter of time and creditor patience before Tata will buy the rest of Ford (or some other Asian wannabe).

]]> By: DeansterTJ http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370951 DeansterTJ Sat, 05 Apr 2008 22:56:32 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370951 ^ Hundreds of thousands of fucking communist lice do more damage than one fat cat. I say the unions are at fault. Fuck them, bleed those pigs dry and send everything to China. They'll pick up another useless unskilled trade; after all, that's how all these dropout redneck sisterfuckers got the job in the first place. ^ Hundreds of thousands of fucking communist lice do more damage than one fat cat. I say the unions are at fault. Fuck them, bleed those pigs dry and send everything to China. They’ll pick up another useless unskilled trade; after all, that’s how all these dropout redneck sisterfuckers got the job in the first place.

]]> By: 400horseSS http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370931 400horseSS Sat, 05 Apr 2008 21:13:55 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370931 You fuckwad how does 3 mill compare to 55k, you are such a d-bag. You fuckwad how does 3 mill compare to 55k, you are such a d-bag.

]]> By: C6Racer http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370906 C6Racer Sat, 05 Apr 2008 16:08:52 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370906 I definitely agree that Big 3 execs are overpaid, but to the UAW : Looks who's talking! I definitely agree that Big 3 execs are overpaid, but to the UAW : Looks who’s talking!

]]> By: shitalker http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370889 shitalker Sat, 05 Apr 2008 06:10:30 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370889 yo yo, foo! yo yo, foo!

]]> By: shitalker http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370888 shitalker Sat, 05 Apr 2008 06:09:38 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370888 i can't help laughing when i see the name "gettelfinger" . HAHAHAHA.. ya, don't mess with him, cuz he'll not just give you the finger, he'll give you a GHETTOFINGER finger finger finger..... (echo) i can’t help laughing when i see the name “gettelfinger” . HAHAHAHA.. ya, don’t mess with him, cuz he’ll not just give you the finger, he’ll give you a GHETTOFINGER finger finger finger….. (echo)

]]> By: jdasch1 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370877 jdasch1 Sat, 05 Apr 2008 04:02:58 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370877 Still..Ford needs to rid itself of the UAW to exist. They make profits all over the world except for the USA...where the labor is unionized. I don't like the fact that they got paid what they did...especially Marko Fields...but they were under contract and did get paid for what they did. Thats all part of negotiating a good pay plan. We all do that don't we?? The UAW said they suffered in the new contract...but it was up to them to sign the deal. They could of walked. But then again, that would be a great thing if they did. Pissing and moaning...that is what the UAW does the best. Still..Ford needs to rid itself of the UAW to exist. They make profits all over the world except for the USA…where the labor is unionized. I don’t like the fact that they got paid what they did…especially Marko Fields…but they were under contract and did get paid for what they did. Thats all part of negotiating a good pay plan. We all do that don’t we?? The UAW said they suffered in the new contract…but it was up to them to sign the deal. They could of walked. But then again, that would be a great thing if they did. Pissing and moaning…that is what the UAW does the best.

]]> By: 400horseSS http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370870 400horseSS Sat, 05 Apr 2008 03:39:45 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370870 Simple as this $50,000 for real work or 3.something million for running it to the ground. Simple as this $50,000 for real work or 3.something million for running it to the ground.

]]> By: Veda http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370851 Veda Sat, 05 Apr 2008 01:47:34 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370851 This would be the first time I support the UAW's opinion. While the company is struggling heavily the execs are cashing in 10+m yearly, it just doesn't make much sense. This would be the first time I support the UAW’s opinion. While the company is struggling heavily the execs are cashing in 10+m yearly, it just doesn’t make much sense.

]]> By: autonut http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370850 autonut Sat, 05 Apr 2008 01:28:25 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370850 It is a shame that motherf**rs who don't owned 3 brain cells for the room filled with board of directors could see this coming. What kind of signal those salalries for assholes send? In addition to jobs flowing out of the country. It is a shame that motherf**rs who don’t owned 3 brain cells for the room filled with board of directors could see this coming. What kind of signal those salalries for assholes send? In addition to jobs flowing out of the country.

]]> By: Shismo http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370839 Shismo Sat, 05 Apr 2008 00:13:47 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370839 Yeah, golf4me said it. The UAW is usually wrong, but in this case they're right. Most executives are extremely overpaid, especially for those underperforming. Yeah, golf4me said it. The UAW is usually wrong, but in this case they’re right. Most executives are extremely overpaid, especially for those underperforming.

]]> By: jackjimturkey http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370830 jackjimturkey Fri, 04 Apr 2008 23:17:45 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370830 Sesselpupser of money-losing companies should get minimum wage Sesselpupser of money-losing companies should get minimum wage

]]> By: 1c3d0g http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370829 1c3d0g Fri, 04 Apr 2008 23:16:16 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370829 I concur, golf4me. I concur, golf4me.

]]> By: johnnycanuck http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370824 johnnycanuck Fri, 04 Apr 2008 23:10:06 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370824 Boy, sure didn't see that one coming. Boy, sure didn’t see that one coming.

]]> By: golf4me http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370815 golf4me Fri, 04 Apr 2008 22:14:25 +0000 http://www.leftlanenews.com/uaw-to-ford-executives-earnings-are-%e2%80%9cexcessive-and-unjustified%e2%80%9d.html#comment-370815 Not a fan of the UAW, but this is a legitimate gripe. For how poorly Ford is doing, those guys should not be making bonuses of any sort until Ford is in the black. Not a fan of the UAW, but this is a legitimate gripe. For how poorly Ford is doing, those guys should not be making bonuses of any sort until Ford is in the black.

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