Twentytwodividedby7

Twentytwodividedby7 , 14 days ago

This is just not true...daily pay means that you get more compounding periods from your money and the company also has to somehow manage payroll for that.

I get paid monthly, so when you account for time value of money, I'm getting a bad deal. It costs the company less on a number of fronts to pay less frequently.

Jobs that offer daily pay seem to be lower wage jobs, so I get why you would associate that negatively, but at least you get your money quickly for time worked if you're in a bind

Twentytwodividedby7 , 14 days ago

Well, not every job is a career. At least you don't have to chase them for payment and you know you're a transaction to them. Develop skills and work somewhere that values you slightly more and at least gives benefits.

Twentytwodividedby7 , 3 months ago

How? Remember when he was there with Sean Fein and the UAW?

Twentytwodividedby7 , 9 months ago

Unlikely, he would have to unseat the incumbent, who is also a Republican. Sounds like an asshole that just keeps coming back for his ego

Twentytwodividedby7 , 9 months ago

Just because there is public support does not mean it’s right. Tanking the economy will only hurt the majority, billionaires literally won’t notice. It’s not just the UAW that’s impacted, there’s huge ripple effects. Many suppliers were barely hanging on and this will probably be a death knell. And honestly, this is what makes me fucking hate working in Financial Services for one of the big 3.

I run a department that performs forecasting that eventually influences the affordability of leasing globally and I’m responsiblefor a $25B portfolio. I work my ass off and I have a new family with a 1 year old - we were having a decent year finally after 3 bad ones, then this fucker comes along and is going to tank it.

So now my family is going to suffer because of something completely unrelated to my role and performance. He makes sound bites, but the sides are so far apart it’s ridiculous. They accuse the companies of negotiating in bad faith, yet the UAW has yet to respond to any offer with a counter. They’ve been offered 20%+ raises, cost of living adjustments, signing bonuses, elimination of tiers, more holidays off, and better profit sharing - which is a huge improvement and gets them the majority of what they are asking for, but they’ve literally thrown that in the trash. My bet is all he will accomplish is more factories moving to non-UAW locations or Mexico.

What exactly is the advantage of being American made when the workers turn out the worst quality for the highest wages and they can shut down production on a whim every few years? It’s honestly very frustrating to see this issue not being taken seriously here and there seems to be such little appreciation for the broader impacts.

Twentytwodividedby7 , 9 months ago

Canada really isn’t that much cheaper than the US to manufacture and they are also unionized. You just get the currency advantage (1USD = ~$0.72 CAD). Stellantis already moved Ram production to Mexico. The bigger issue is relative competition with Asian imports and Tesla who have no union factories because they produce mostly in the south.

Either way, it would make little sense to move F150 and Silverado to Mexico. Hard to claim you drive American industry but produce in Mexico. I think the frustration is that multiple reasonable offers have been made and the UAW has yet to move from their original position. Which is ironic given they accused Stellantis and GM with bargaining in bad faith.