Quote:
Originally Posted by Dave Donaldson
Yup Jan 4 th take a 50 % wage cut pension cut and benefit cut or else.
4 weeks later gone,, the Cat has left the building,,, this plant is about 50 miles west form my home and has got all the locals talking,, bottom line is that rumor has it most work will go to S America labour rules , regulation on safety and environment are more becoming to the company work ethic. Will the company pay a 25 year worker the pension that he was counting on and pai into all these years. It's a messy fugly mess.
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That's the problem with the pension negotiations that happened in north america... It takes away the competitive edge, and gives it to the oriental societies where saving is a virtue, rather than a vice....
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