Royally Kranked

Thursday, October 27, 2005

I originally posted about this subject much earlier this month

And now we have an ultradespicable update regarding Delphi's attempt to wrangle the most UnGodly cuts in terms of salaries & health care benefits

Delphi's demand: Take $9 an hour

If Delphi Corp. has its way, workers for the nation's largest auto parts supplier would be paid as little as $9 per hour under 65% wage cuts, and be hit with a tenfold increase in health-care costs, no dental and vision care and other sharp reductions in benefits, according to a proposal revealed on the Web site of a UAW local......The cuts are even stiffer than the company's final proposal to the union before it filed for Chapter 11 on Oct. 8, further infuriating workers already angered by the threats to their livelihood....The company wants hourly workers making $25 to $27 an hour to accept wages between $9.50 and $10.50 an hour. Delphi also wants overtime to be accrued after working a full week, as opposed to a full day.

Now, just how much money would Delphi coup if the overtime standard was trashed & recast in this most unlabor friendly policy overhaul, especially in terms or incurring interest on any savings that accrue to the company

And finally, here's the reality of what the financially well-off board of Delphi Directors see as an appropriate benefits accrual to the employees who made the company the biggest auto supply parts dealership in the automotive industry

Out-of-pocket costs for health care would increase to a maximum $5,000 a year for a family or $2,500 annually for an individual. That would compare to the $500 per family and $250 per person workers currently contribute to the company's traditional health care plan......The new wages could put a strain on households dependent on a single breadwinner. At $9 per hour, some Delphi workers would make $18,720 a year under the new proposal. That's more than $600 below the federal poverty line for a family of four, according to the U.S. Department of Health and Human Services.

Just how are people expected to survive when told to take overly drastic pay cuts or do without completely, and why, considering that President Jr's Chief of Staff Andy Card comes from a background in the detroit Auto Industry, has this Administration been so quiet to assert a fair day's wage for a fair day's work?


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