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IAC concessions.

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Since: Apr 09

Three Rivers, MI

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#21
May 2, 2009
 
It is hard for me to even worry about concessions when i have almost ten years in and i am laid off out the door again. I work @ IAC Mendon and we already have a 4 tier pay scale and it sucks. I understand where you are coming from BUSH but i can not give anymore.
UAW member

Spotsylvania, VA

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#22
May 2, 2009
 
Stuck in Sheboygan wrote:
<quoted text>
I agree with you when you say 'enough is enough', I am just assuming we haven't heard anything because of the above mentioned guesses.
Maybe Wilbur will lose out on another 400mil from his net value at the end of this year after all of this. If we are really lucky, his ass will go broke and he can pump my gas for me.
If he loses money he sits in his Board room and takes it from somebody else ...... We at Strasburg had 4-8 million of our profits taken from us for a "FEE" that he won"t even say what it"s for ? We had about 3 million more profit than Sydney and got 138 before taxes ! Amazing what lawyers can do and get away with huh ? Doesn"t pay to work hard anymore if it"s taken from you with no reason ! Ticked off in Strasburg ....
Sqeaky Wheel

Milwaukee, WI

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#23
May 2, 2009
 
UAW member wrote:
<quoted text> If he loses money he sits in his Board room and takes it from somebody else ...... We at Strasburg had 4-8 million of our profits taken from us for a "FEE" that he won"t even say what it"s for ? We had about 3 million more profit than Sydney and got 138 before taxes ! Amazing what lawyers can do and get away with huh ? Doesn"t pay to work hard anymore if it"s taken from you with no reason ! Ticked off in Strasburg ....
I do not understand the fees that were taken out of your profit sharing and what you guys received compared to Sidney.
The recurring fees are corporate fees,that supposedly cover administrative fees, other obligations that are imposed on the company, i am guessing here but thats what i learned about recurring fees. They again supposedly are taken out of everyones profit sharing and were even taken out of last years but something is not right that you guys at Strasburg received less than Sidney.
I would definitely have your Union Chairperson check into it.
It appears you guys are getting screwed big time!

If i am wrong, please correct me and help us to understand the fees.
Peronally, i think the fees are personal income or bonuses for the top guys so they can spend a couple weekends at a $450,000 resort.
trever

Wapakoneta, OH

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#24
May 2, 2009
 

Judged:

1

Bush wrote:
<quoted text>With as many people as you have on layoff.What do you think the chances are of you guys voting for the paycut now?
i think the company will not vote again untill all of us laidoff or the majority lose all voting rights . this is just my opinion . but the people still working have been there for a long time and i think they will do what ever it takes to keep their jobs .
sister golden hair

AOL

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#25
May 2, 2009
 
trever wrote:
<quoted text>
i think the company will not vote again untill all of us laidoff or the majority lose all voting rights . this is just my opinion . but the people still working have been there for a long time and i think they will do what ever it takes to keep their jobs .
you would be surprised how tough we (old timers) can be, offer us a big enough buy-out so we can carry ourselves with some pride until we are 62 and i bet 90% of us would go and that would make jobs for lower senority , why don,t they do that opps might cut in to corp profit pocket, i wish they would think of the working man a little more and profits a little less
UAW member

Spotsylvania, VA

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#26
May 2, 2009
 
Sqeaky Wheel wrote:
<quoted text>
I do not understand the fees that were taken out of your profit sharing and what you guys received compared to Sidney.
The recurring fees are corporate fees,that supposedly cover administrative fees, other obligations that are imposed on the company, i am guessing here but thats what i learned about recurring fees. They again supposedly are taken out of everyones profit sharing and were even taken out of last years but something is not right that you guys at Strasburg received less than Sidney.
I would definitely have your Union Chairperson check into it.
It appears you guys are getting screwed big time!
If i am wrong, please correct me and help us to understand the fees.
Peronally, i think the fees are personal income or bonuses for the top guys so they can spend a couple weekends at a $450,000 resort.
Yea, I totally agree with you ..... They said they are waiting to get the books back but still won"t say what the fee is for ? I"m not giving up yet and will continue to fight for whats ours ...... Hope the reps and OUR attorneys do the same ?? Hopeful
UAW Member Madisonville

Madisonville, KY

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#28
Oct 30, 2009
 
I don't understand why we can't wait until we see the language of our new contract before we vote on this so-called economic frame-work. Also, it seems odd to me that I.A.C. would be concerned about new-hires at this point.Part of the framework is new hires starting at a lower pay scale. I think most of our plants are in the same boat as mine, we have over 250 employees laid off. I can't picture us hiring anyone during the three years they are offering.Can anyone shed some light on this for me?

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