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  1. #1
    Taking A Stand!!!

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    Default Autoworkers Union Passes Strike Authorization Measure

    In a procedural vote completed last week, workers at Fiat Chrysler Automobiles N.V. (NYSE: FCAU) voted heavily in favor of going on strike against the company if the United Autoworkers Union (UAW) determines that Chrysler has not bargained in good faith.

    Chrysler and the UAW kicked off new contract negotiations in July, and the union has also started negotiations with Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM). Strike authorization votes have been taken at Ford and GM as well, but no results are available yet, according to The Detroit News. The current UAW contract with the Detroit Three expires on September 14.

    One particularly thorny issue on the table this year is the two-tier wage system that pays workers hired after 2007 about half the starting pay that senior workers receive. New workers hired by the Detroit Three are paid a starting wage of $15.78 per hour and earn a maximum of $19.28 per hour, while those hired before 2007 make $28.69 per hour.
    Read more: Autoworkers Union Passes Strike Authorization Measure - Ford (NYSE:F) - 24/7 Wall St. Autoworkers Union Passes Strike Authorization Measure - Ford (NYSE:F) - 24/7 Wall St.
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  2. #2
    On A Mission

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    Default Re: Autoworkers Union Passes Strike Authorization Measure

    Maybe CEO's should only make minimum wage for 5-10 years...then. make big bucks....and when fired or quitting or the place closes they be legally required to start over at bottom rate??

    Somehow this awesome idea should be legally imposed on profits for large shareholders too.

    The old system was better for the economy and stability for the majority....If the place closes....Ya don't waste years getting back where ya were 3-5x/lifetime.......It's a long-term salary cap for the working class.........

 

 

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