and 41,000 United Auto Workers (UAW) within the United States. “Ford announced a new four-year labor contract with the United Automobile Workers union in October 2011. The company agreed to add 12,000 jobs and invest $6.2 billion in its United States plants. The numbers included 6,250 jobs and $2.4 billion in investment that it had previously announced” (New York Times, 2011). Legal Issues and Obstacles Ford Could Encounter The current recession has forced many workers and unions to take reductions
Words: 1096 - Pages: 5
the United Auto Workers union offers a richer payout for GM’s 48,500 workers than the previous ratified contract with General Motors Co in2007. This four-year labor contract improves health care and enhanced profit sharing and will create jobs. The UAW expects ratification of the GM deal by 27th September2011. Key findings of the report: ➢ Wages for entry-level workers will rise from about $14 an hour to $16 and $16 an hour to as much as $19 an hour. ➢ UAW workers get a $5,000 bonus
Words: 705 - Pages: 3
of the United States market, having already been replaced by Toyota as the world’s largest automaker. GM has been burdened with a high cost structure result of contracts that they signed in order to end a prolonged strike by the United Automobile Workers. They faced the biggest challenge in dealing with health and retirement benefits that GM had. The huge costs made it difficult to cut back on the productions of GM, even if that meant they had to rely on incentives to get the cars of the lots. They
Words: 751 - Pages: 4
to have a major interest in the aircraft manufacturing industry again. Over the next twenty years, diesel-powered locomotives — the majority built by GM — largely replaced other forms of traction on American railroads. In 1935, the United Auto Workers labor union was formed, and in 1936 the UAW organized the Flint Sit-Down Strike, which initially idled two key plants in Flint, but later spread to half-a-dozen other plants including Janesville, Wisconsin and Fort Wayne, Indiana. In Flint, police
Words: 410 - Pages: 2
possibility of quick bankruptcy for either ailing auto giant. President Obama took the extraordinary step of announcing the government will back new car warranties issued by both GM and Chrysler. This concession would involve concessions from its union workers and bondholders. Two of the three automotive CEO’s vowed to their employers the following statements. Fritz Henderson, CEO for General Motors stated, “He would take whatever steps are necessary to successfully restructure the company, which could
Words: 1081 - Pages: 5
the National Association of Social Workers (NASW), social work as profession originated over one hundred years ago. I perceive social work as a job that helps children and adults to be safe within their environment. Helping children and adults improve the quality of life. Therefore, making social work is an important job. When I think of social work I think about problem solving because, I perceive social workers as solving problems. I also perceive a social worker as an individual who prevents problem
Words: 727 - Pages: 3
Summary: The notion that free trade is beneficial to all countries involved in free trade system can be challenged with the most recent wave of globalization. In the past, outsourcing was mainly used to save money and cut costs by moving low skilled, blue-collar manufacturing jobs into poorer, low wage countries, however, currently there has been an increase of higher wage and skilled white collar professions following suit (Hill, 2012). 6a. Who benefits from the outsourcing of skilled white-collar
Words: 488 - Pages: 2
own personality." —CM Today publication 41 workers. There is a pervading attitude that "if you give them an inch, they'll take a mile," because they don't really want to work. The idea, for example, that a worker in the plant would have the power to stop the line in order to eliminate a problem was heresy. Wouldn't such permission lead to widespread line-stoppage for every whim? Not, according to Toyota, if you instituted a system of worker responsibility and accountability. American companies
Words: 7944 - Pages: 32
“uneducated”. Waiters will never be likened to a Lawyer. Sad as it may sound, everyone dreams to be the latter while they look down on the former. You cannot deny it; we dread imagining ourselves being cleaners at a mall. We look down upon construction workers who toil hours in the sun. Society has taught us that the money is the key to a successful and fulfilling life. And so, university students elevate themselves to righteously believe that being a waiter at MacDonalds, a cashier at NTUC, or a part-time
Words: 860 - Pages: 4
STUDENTS WITH OVERSEAS FILIPINO WORKER (OFW) PARENTS.” Adviser: Dr. Mariel R. Estrella Keywords: Academic Performance, students with OFW parents This study aimed to determine the academic performance of students with Overseas Filipino Worker parents along knowledge, skills and participation in school activities. Specifically, it answered the following questions: 1) What are the profile of the respondents and OFW parents? 2) What are the effects of Overseas Filipino Worker (OFW) parents on students
Words: 700 - Pages: 3
