thruthefence
Titanium
- Joined
- Jul 22, 2008
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I suppose $13/hr. is about right. Most places in 'the People's Republic of ILL.' start at $7.00/hr. Why offer more when there are so many out of work? Somewhere someone will jump at the job, the company just has to wait for that guy. Skilled? I wonder how many of those are still around. I would think any skilled are working for themselves or retired. But then, I'm no expert at the things.
"Mr. Sperry sees extended jobless benefits as one of the main culprits behind his company's hiring difficulties."
The guy's either an asshole or a moron. The folks qualified to improve his bottom
line (shipping more product) look at that thirteen bucks and tell him to stuff it, out
of principle. Have fun not satisfying your customers mr sperry.
The big shots don't understand who or what makes the money for the company.
Jeff
If they were facing homelessness, that thirteen bucks would look pretty damn good.
Instead, they're facing another 12 months of grueling relaxation, collecting their jobless benefits.
Sooo all the qualified machinists in that area just got laid off yesterday ?? I don't think so, there should be some qualified people off of un- employment right now , 13.00 an hour is a fat bastard 's way of thinking, that don't make it right.
What do you pay for wages in your shop ???
I wouldn't put anything of importance into the hands of a person making $13.00/hour. But that doesn't mean I'm going to force other people to think the same way.
It's supply and demand. It will equal out as long as there's no outside influence. In this case, outside influence is the fact that jobless benefits have been extended, so people can make more money sitting on their ass, than by working for $13.00/hour.
Caterpillar Inc:
2008 data:
CAT $44,958,000,000 revenues and $3,541,000,000 profit
2007 data:
CEO Total compensation: $17,107,741
They've got 17 million to pay the CEO but can only swing $13 bucks an hour for a machinist. That's called pure greed.
It all comes down to income inequality and concentration of wealth at the very top. It didn't used to be nearly as bad bad 10, 20, 30+ years ago. America will be better off and grow faster with a strong middle class.
Too bad so many americans are stupid and lazy and allow this shit to happen.
Key Executives
Pay Exercised
Mr. Douglas R. Oberhelman , 56
Vice Chairman and Chief Exec. Officer 996.00K 71.00K
Mr. Edward J. Rapp , 52
Chief Financial Officer 780.00K 2.75M
Mr. Steven H. Wunning , 58
Group Pres 994.00K 1.02M
Mr. Stuart L. Levenick , 56
Group Pres 994.00K 1.35M
Mr. Gerard R. Vittecoq , 61
Group Pres 1.22M 802.00K
Dollar amounts are as of Dec 31, 2009 and compensation values are for the last fiscal year ending on that date.Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
If they were facing homelessness, that thirteen bucks would look pretty damn good.
Instead, they're facing another 12 months of grueling relaxation, collecting their jobless benefits.
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