Quote:
Originally Posted by WooZ
That guy ought to be blaming his own union for causing him to lose his job...
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Totally agree with that comment. Some union members (and I say some and not all), I think believe the rhetoric from the union reps.
Employees of a publicly traded company need to consider one single fact. The company exist for one sole reason and that is to return value to the shareholders. That is most consistently done by having a company that can show profitability and growth year over year ahead of their competitors.
When company's profitability becomes inhibited by rising costs, that has an impact on shareholder value (the stock price). So when the union (one of the many contributing factors to cost) demands higher wages and benefits that become uncompetitive in the "GLOBAL" marketplace, companies profit suffers. I learned a hard fact a few years ago. My pay is based on "competitive cost of labor". If that competition for labor is global, then my pay is now based on what some guy half way around the world is willing to do my same job for - and that is usually less than what I am willing to do the same job for.
We all don't like it, but unfortunately we are in a global economy and as employees and workers in a company, we are not just competing for jobs from the guy down the street, we are competing for jobs with the guy around the world and unfortunately some of them are willing to work for a whole lot less than we are.
So who's to blame, well, I say it starts with the leadership in a company, the Board of Directors. The need to comprehend the global environment when developing the strategies to make the company win. You can not blame the worker for trying to get a nut.
Boards and CEO's should use this opportunity to rid companies of the Union's AND figure out how to compensate employees in a results based compensation plan. Look, fact is, as an employee, nothing is free. If you think you can come in and punch the clock and do your quota, that's fine... as long as the other guy half way around the world is not willing to do more. We are in a global competition for everything.
No flames please, that's just my own opinion.
BTW - I personally don't think this is a yuppie car, I think a 4 door sedan like an Audi, BMW, Lexus, Benz, or something like that is a yuppie car.