from the Working Life blog:
Do Workers Get To Run The Company Then?by Jonathan Tasini
Wednesday 12 of January, 2011
They are always looking for a new way to nickle-and-dime people:
General Motors Co. wants pay for union-represented workers be tied to employees' work performance and the company's financial health—much like the way its salaried workers are paid—in what would be a major shift in how generations of auto workers have been compensated.
GM wants more flexible pay levels for workers as a way to encourage better performance and avoid locking the company into handing out big raises when the company isn't performing well, company executives say.
"They are trying to give hourly workers the same metrics as salaried workers," GM Vice Chairman Stephen Girsky said Tuesday at the Detroit auto show. "There is a big pay-for-performance element going through the company and there is going to be more of it."
I assume, in return, workers then get to have equal say in the direction of the company, since their salaries will be tied to the performance of the whole company--i.e., the incompetent managers or CEOs who might be running the company into the ground.
http://www.workinglife.org/blogs/view_post.php?content_id=15077