Holden workers won't take pay cut.

Discussion in 'Markets & Economies' started by TheEnd, Jul 26, 2013.

  1. TheEnd

    TheEnd Well-Known Member

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  2. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    good on 'em I say.
     
  3. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    :lol:
    Funny...I thought they were Holden's workers?
     
  4. TheEnd

    TheEnd Well-Known Member

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    I think Holden will be broke within a month?
     
  5. thatguy

    thatguy Active Member

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    Hostess style shmozzle coming up
     
  6. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Then they will lose their jobs
     
  7. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    They're losing their jobs

    http://www.abc.net.au/news/2013-07-...kers-at-struggling-holden-in-adelaide/4845108

    They'll be at the head of the queue for any jobs going, those holding on will be left with the dregs.

    But the reason I said good on 'em is because you won't see management taking a pay cut. Everytime I hear of workers taking paycuts you hear about it from a manager that's still getting a bounus, still driving his $+100K Mercedes to work and flogging the company Credit Card despite it being his p!$$poor management that got the company into trouble in the first place.
     
  8. Greenman

    Greenman Member Silver Stacker

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    Perhaps they could become union officials/thugs.
     
  9. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Strange.... I never hear of workers taking pay cuts?
    However, I regularly see workers get their agreed annual pay rise, while staff and management are stuck in a pay freeze.
     
  10. willrocks

    willrocks Well-Known Member Silver Stacker

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    No, they'll change owners. Instead of being Holden's workers. They'll be Kevin's bludgers.
     
  11. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Reading between the lines... that may already be the case. According to the unions they are "Our workers".
     
  12. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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  13. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Do a google search hammer. ;)
     
  14. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    One single Australian case sourced from a Socialist publication? :/
    And the outcome?

    I stand by my observations.
     
  15. DanielM

    DanielM Active Member Silver Stacker

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    I think the pay cuts should start from the top down
     
  16. Agnostic

    Agnostic Active Member Silver Stacker

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    I feel a strange urge to re-read "Atlas Shrugged"...
     
  17. Byron

    Byron Guest

    I agree.

    I feel sorry for these workers. It's a tough situation to be in. By accepting a wage freeze for 4 years, with inflation at a very modest and real 5% pa, means that by 4 years time they are effectively working for 20% less pay.

    So in other words accept a 20% paycut or lose your job altogether. Not a great choice either way.
     
  18. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    Yeah, Truth be told I didn't try very hard just grabbed the 1st things on a google search... I didn't even read them :p

    this kinda thing just makes me emotional on a Friday afternoon :/
     
  19. TheEnd

    TheEnd Well-Known Member

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    Its a tough time for the country we've all lived through the house price bubble, electricity prices skyrocketing and now fuel...... Companies closing down or putting people off...that's why I started the 'recession' thread!
     
  20. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    That's an interesting point but it may be completely off the mark.

    If the fat needs to be trimmed at the top as opposed the bottom then it's a valid comment - if the workers on the floor are the source of waste then your comment is misguided. A cost analysis is the only way to determine where savings should be made, as opposed to following some philosphical socialist theory.
     

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