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In reply to the discussion: Obama Fail~ or not [View all]

sheshe2

(83,654 posts)
18. Go America!
Tue Jun 4, 2013, 12:09 AM
Jun 2013

You are right, damn those greedy workers that want a cut of the profits!
Damn them. Damn them I say!

See post 13 George. Fact check is your friend!
http://www.democraticunderground.com/?com=view_post&forum=1002&pid=2942940


GM likely to spend $500M on employee payments
February 29, 2012 - 12:15 AM

div class="excerpt"]GM, which made a record profit in 2011, will pay bonuses of at least $182 million to white-collar workers such as engineers, car designers and managers on Wednesday, according to a formula obtained by The Associated Press. That's on top of $332.5 million in profit-sharing it already agreed to pay factory workers.

In the past, such payments have drawn criticism from those who believe the government shouldn't have bailed out GM and Chrysler. But GM, which made a record $7.6 billion last year, says the payments are needed to hold on to skilled employees. It's also keeping fixed costs down by giving bonuses instead of annual pay raises.

The bonuses will go to most of the company's 26,000 salaried employees, many of whom make more than $100,000 a year. The bonuses will range from 8 percent of base pay to 14 percent, according to the formula.



http://cnsnews.com/news/article/gm-likely-spend-500m-employee-payments

Obama Fail~ or not [View all] sheshe2 Jun 2013 OP
And, in the other corner, Mitt "Let Detroit Go Bankrupt!" Romney! NYC_SKP Jun 2013 #1
That picture seems to say mindwalker_i Jun 2013 #3
If he only had a brain to match. rofl Cha Jun 2013 #12
HA! nt sheshe2 Jun 2013 #8
Not. Ah, the age of Twitter, she.. Cha Jun 2013 #2
Ah yes the GM success. Workers are getting what? $12 dollars an hour? But the CEO is rhett o rick Jun 2013 #5
Do you know for sure how much they're getting paid? Because I found a different amount. Cha Jun 2013 #9
I was wrong. Turns out they were getting $14 per hour for which they should be grateful. rhett o rick Jun 2013 #21
The article is from 2011. And, that's entry level. Cha Jun 2013 #31
He ain't called "rhett-o-rick" for nothing. Tarheel_Dem Jun 2013 #35
I support the workers and glad they have a job and glad we rhett o rick Jun 2013 #43
So you have to lie about the wages they get madokie Jun 2013 #51
I provided links. GM as a international company had enough rhett o rick Jun 2013 #54
Google is your friend, rhett. sheshe2 Jun 2013 #13
Thanks for more info on GM and their valued employees, She! Profit Sharing.. yummy! Cha Jun 2013 #15
See the USA~ sheshe2 Jun 2013 #17
"Beautiful Beautiful Grill"! It's a cutie, alright! Cha Jun 2013 #19
Yes that's nice that those making more than $100,000 a year get a bonus while entry level rhett o rick Jun 2013 #22
I agree of course. Entry wages for GM are $14 per hour (i was wrong stating $12). rhett o rick Jun 2013 #23
Aaah Cha, sheshe2 Jun 2013 #10
And the pic of him playing golf with the head of UBS? slipslidingaway Jun 2013 #25
Yes.. they golfed. Cha Jun 2013 #32
I love that pic!!! LeftInTX Jun 2013 #27
I know, huh? Pretty Cool, LeftInTX. nm Cha Jun 2013 #33
Very cool! I have green envy!! LeftInTX Jun 2013 #39
Yes profits are up. The CEO will make millions. Horray. Workers will still get min wage and half rhett o rick Jun 2013 #4
Oh hey " GROW spine" lol SammyWinstonJack Jun 2013 #6
which is it, minimum wage or $12 an hour? Make up your mind /nt demwing Jun 2013 #7
Exactly, turns out it was .. Cha Jun 2013 #11
In the year 2013, sheshe2 Jun 2013 #14
Turns out it was $14 per hour. I was wrong. rhett o rick Jun 2013 #24
Go Greed! GeorgeGist Jun 2013 #16
Go America! sheshe2 Jun 2013 #18
"Greedy Workers"! And, GM is compensating those valuable Workers, she! Cha Jun 2013 #20
I wish they would get more. rhett o rick Jun 2013 #28
Woo!!! Hoo!!! LeftInTX Jun 2013 #26
Who's Betty doing the bump with? ReRe Jun 2013 #34
Looks like Tony Orlando! Tarheel_Dem Jun 2013 #37
Dayam! ReRe Jun 2013 #41
I know exactly what you mean. I came of age in the 70's, so I'm familiar with "brain farts". Tarheel_Dem Jun 2013 #53
Tony Orlando! LeftInTX Jun 2013 #38
Tony Orlando olddots Jun 2013 #40
... Lady Freedom Returns Jun 2013 #29
Great graphic, lady freedom! sheshe2 Jun 2013 #30
K&R ReRe Jun 2013 #36
"Employees who are brand-new to GM come in at $15.78 per hour." Cha Jun 2013 #42
You are fabulous, Cha sheshe2 Jun 2013 #46
Workers are Stoked to have JOBS with Bennies! Cha Jun 2013 #60
I vote NOT ucrdem Jun 2013 #44
well congratulations to you, ucrdem! sheshe2 Jun 2013 #45
Romney FAIL ucrdem Jun 2013 #47
What ssssssilppery sssssslope! sheshe2 Jun 2013 #52
Welcome to Detroit Mr. Romney: ucrdem Jun 2013 #48
No Mitt, You Didn't Care At All ucrdem Jun 2013 #50
good move nt Novel style Nov 2013 #69
Welcome! ucrdem Nov 2013 #70
Congrats ucr! Tarheel_Dem Jun 2013 #55
Thanks Tarheel, ucrdem Jun 2013 #56
NOT is Good.. Cha Jun 2013 #57
Four more years! ucrdem Jun 2013 #63
See, this is why I'm glad you're here.. Cha Jun 2013 #64
Thanks Cha, ucrdem Jun 2013 #65
For Michelle, ucrdem! Cha Jun 2013 #66
First and best! ucrdem Jun 2013 #67
The only people that find something negative to say about Obama's economic recovery... Pragdem Jun 2013 #49
More good news, Pragdem.. "Obama's Economic Triumph" Cha Jun 2013 #58
And Mitt Romney didn't get credit for it. Pragdem Jun 2013 #59
"This pisses off republicons and those who have an agenda to whine about Pres Obama." sheshe2 Jun 2013 #61
If republicons told the truth.. there woundn't be a republicon Cha Jun 2013 #62
GM is Stayin' Alive lame54 Jun 2013 #68
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