Unions= Fucking Extortionists

OMG! you guys managed to find examples of bad management!!! What ever shall I do?

You act as if there are no examples of good management, where stumbling or non existant companies have been turned into corporate juggernauts. That doesn’t EVER happen without good management. You take your chances when hiring a CEO. You have to pay them a lot, because skimping on a CEO is a sure way to lose out. If it turns out good, you make 100x your investment, if not, then you’ve blown some cash.

What good businessman is going to agree to a compensation plan without a substantial fixed portion? Remember something, kiddies, these guys have proven themselves long before ever being offered the position. Do you think companies just pick somebody out of the air and give them millions? These guys worked their asses off, made great decisions, did fantastic work for decades before even being considered for these positions.

Sure, some of them screw up, or lead during times that are tough, but someone has to lead and corporations know that you always need the absolute best at the helm. To accept anything less is to do a disservice to the shareholders AND workers.

Listen, dickhead, you’re making an awful lot of assumptions about me that are unfounded. We’re not talking about corporate lobbying, executive compensation, or several other issues you seem to be dredging up to justify your point. Actually, if this thread were indeed about executive compensation, corporate excess, etc. you may see that you and I are not that far apart. But it’s not, so quit trying to cloud the issue, you fuck.

And from what I’ve seen (the recruiter job I referred to in the OP is the Texas Workforce Commission), US governmental agencies charged with enforcing labor laws do a fairly good job. If you think otherwise, then start another pit rant bitching about that.

Standard irony check…

“How dare you make blanket statements that all union members and leaders are lazy, whiny, fat cats who have no interest in the betterment of their constituents!”

vs.

“Look at some of these outragious CEO compensation packages! The do not deserve them! Corrupt to the end, every CEO receives far more than they are worth!”

…wow - my 200th post! when do I get my membership card… :slight_smile:

PSST! Over here! Ya’ wanna platinum, gold or silver card? Starting at only $5k, they’re a steal! :wink:

And for the record, I never said anywhere in this thread union members were lazy or dishonest. The receptionist in my OP was an example of the skewed compenasation packages some unions force upon companies. She probably wasn’t lazy. She also definitely was not worth $25/hour in the labor market.

In fact, I mentioned being a hard-working (compulsary) union member my self, a while back. I do believe some unions wield their power to circumvent the market forces that, to a large extent, the US was founded on.

You gotta join the union. Paypal me $20.00 in dues a month…

Tars Tarkas, United SDMB Posters Local 404

light strand, I think you overlooked my point utterly.

When you ask employees to share slightly more of the burden of health care costs, they have an incentive to keep costs down. Now it’s true, they may not be able to put a stop to the lawsuits that casdave alleges contribute greatly to the costs, but they can make sounder decisions about their own health care.

For example, let’s say I have a yeast infection, diagnosed by my doctor. With a $5 copay for prescription drugs, it makes more sense for me to ask for a PRESCRIPTION form of miconazole cream than to go buy an $8 tube of monistat. Insurance pays God knows how much for that (what do I care?), and I save $3. But give me an $8 copay, or a $10 copay, and that’s no longer true. The same could be said for prenatal vitamins, or certain allergy medications. Often the OTC products are perfectly adequate. Health care consumers who stand to save by trying them first will rationally do so. Same with self-care for minor ailments. Make doctor visits 100% free to the consumer, and some of them will go in for every sniffle. Add a reasonable copay, and people have an incentive be more judicious about what requires an MD visit and what doesn’t.

Hey. Cheesesteak, are you missing the point deliberately, or are you just a bit dim? The point was NOT that all companies can be expected to do well all the time. Nor did anyone suggest that every CEO was completely corrupt.

You said in your first post on this thread:

The problem, as more than one person on this thread has pointed out, is that many CEOs do not turn their companies around, and yet still get paid as if they do. Not only that, but the way CEO pay is structured in many companies, the CEO is actually shielded financially from the consequences of his or her own poor financial decisions.

Like the example of AT&T’s Armstrong that i gave above, where he was guaranteed at least $10mil for his stock options no matter what happened to the actual stock price. Hell yes, given that sort of package, i could “run” a Fortune 500 company. I’d probably “run” it into the ground, but with $10mil in my pocket even for failing miserably, where’s the need to succeed?

The thing is that many companies, when they take on a new CEO, go out of their way to say that the CEO’s pay will directly reflect performance, as in the case of Douglas Daft at Coca Cola, cited above. Then, when things go south, they rewrite the rules for the executives and leave the workers and regular shareholders holding the bag in the form of layoffs, gutted 401(k) packages, and diving stock prices.

And when a CEO’s compensation is based largely on stock options, s/he has great incentive to look only at the short term in order to maximize the value of those options when they are cashed in. The idea of building a company up slowly and looking at long-term stabilty for executives, workers, and shareholders alike seems to have gone out the window. Now, if sacking 10,000 workers will help the short-term stock price and a CEO’s option cash-out, then those workers will often be sacked with little thought for the long run.

Shareholders are also partly to blame for this, demanding constant dividend increases as well as constantly rising share prices, even if this means the company goes down the tube. This is especially the case with short-run speculative investors, who push for quick profits and have no interest in the company’s future. Those left to pick up the pieces are often people in 401(k) plans who cannot offload their shares when the going is good, and small investors who pick companies to stick with for the long run and then end up losing everything when they dive. And, as well as losing their pension plans, workers also lose something even more important when these companies’ fortunes drop - their jobs.

And this doesn’t just happen in a few big-name cases like Enron. The only reason Enron got so much publicity was that there was so much illegal cooking of the books going on. But, in the main, the sort of executive overpaying, shielding of CEOs from financial downswings, short-term thinking, and screwing of the workers, described above, is both legal and rather common in financial circles. Even the very business-friendly Wall Street Journal has starting complaining about executives’ selfishness over the past year or so.

My, my, someone has a bit of thin skin. Must go with the thick head. :slight_smile:

But let’s address the issue.

You told casdave to

and i pointed out how both these options were becoming more and more difficult, mainly because of corporate lobbying of impressionable and/or corrupt legislators. That has direct bearing on the relative merits of unions in the workplace, and the necessity of having organizations that help workers fight for their rights. How is that clouding the issue?

Oh, i see, “clouding the issue” = not agreeing with Macro Man.

BTW, if you’re going to post in the Pit, maybe you shouldn’t be so sensitive. OTOH, if you prefer people not making the sort of flippant assumptions that i made in my earlier post, why don’t you start your post in GD, where you might have to come up with more than vitriol to sustain your position?

Yea right - so my dues can end up in the “strike fund” for the leadership to use at the “Foxy Bunny”? :smiley:

But what about mid-westerners, and people who can’t swim? Surely this is the Kelly Slater fallacy? :smiley:

We’re still talking about today–It has simply shifted from the auto and steel factories of the North to the job shops and agriculture of the South and West, where it still goes on at a reduced level.

As for using the “law” to uncover cooked books–it generally requires an audit to find it. Only a union has the money to hire an independent auditor to actually review the books. We have already seen how well the Big Six do at policing their clients’ books and the regulatory arms of the SEC and similar outfits has been continually reduced over the last twenty years in an effort to “get off the backs” of the big companies–incliuding those companies that are dishonest.

There are crappy (and dishonest) unions. There are crappy (and dishonest) corporations. Any widespread condemnation of one side or the other simply perpetuates ignorance.

.

As regards the GE strike: It is posturing, just as GE has been posturing. While the costs to GE have been increasing, GE never quite gets around to mentioning the tax breaks they get for those expenses when they show the raw numbers. The union is making demands (“let the company absorb 100% of the cost”) that they know will not be part of the next agreement so that the company knows that it will need to come up with some decent compromises. In fact, the union has already proposed several courses of action, including increasing employee medical pay deductions rather than putting all the burden on co-pays, seeking to work with insurance carriers and health-care providers to contain costs, and several other proposals) that GE unilaterally threw out and refused to discuss. The work stoppage (in compliance with the contract that the company signed a couple of years ago) is simply a notfication that the company is going to have to bargain in good faith on this issue, rather than expecting the union to roll over.

Lessee… my shitty brown tongue up management’s ass…corporate whore… nope, my skin’s just about the right thickness to deal with you.

I contend that the worker has never had more rights in the US than they have right now. Tort reform and corporate lobbying aside, there are still plenty of legal avenues an injured or wronged employee can take to seek retribution.

This thread reminds of of the time I went to Shelbyville to get a new sole for my shoe. First I tied an onion to my belt, which was the style at the time, and in those days you couldn’t get white onions becuase of the war. You could only get big yellow ones. Anyway, the ferry to Morganville, which was what they called Shelbyville, cost a nickel, and in those days, nickels has pictures of bumblebees on them. “Give me five bees for a quarter,” you’d say. Anyway, once I tied my onion to my belt, which was the style at the time…

You mean like part-time adjunct lecturer? :wink:

OK, I agree that equating freshman comp to sugarcane-chopping is over the top, but given the increasing number of academic jobs with low pay and no benefits, I think graduate / adjunct faculty unions do serve a purpose – especially since these jobs tend to become permanent nowadays rather than steps on the ladder. The old boys’ network just isn’t going to come through for most of us any more, so I don’t see any harm in doing a bit of organizing on our own.

I’d be interested in hearing more about your experiences if you’re willing to share them; the graduate union here is fairly low-key and can’t do much in the way of bargaining because of state law, so I’d like to know what the other side of the coin looks like.

Bricker said:

So, I must assume that you also object to management using extra-legal means to acheive profitability. I’m sure I could easily document thousands of violations of wage and hour laws, workplace safety regulations and anti-discrimination protections. Are you seriously suggesting that labor is ethically impaired but management is a shining example of virtuous behavior? Puh-leeeze.

tomndebb: Audits are already a requirement in many cases, and at the company’s expense. Perhaps your fear is that the auditor is on the take, but there is a law against that as well. There are existing safeguards for employees. They just need to be made to work. Adding another layer of bureaucracy and potential self interest isn’t, IMO, the solution.

Puh-leeeeeze yer own self.

I think it’s perfectly reasonable to object to a pattern of illegality on the part of some unions. Near as I can figure, Bricker never said that corporations weren’t guilty of the same tactics.

Shit, I’m opposed to murder. That doesn’t mean I support rape.

Waverly

Considering the $$$$billions that has been lost to shareholders, which you may have an unseen stake in with pension funds and the like, maybe that extra layer of bureaucracy is completely justified.

These are just the cases that we know about, and you will note there are others being investigated Xerox is one.

This is rather getting away from the point, the one that has been made is that unions seems to be held by the OP for all industry ills, and that unions are all extortion rackets and other slanderous lies.

We could try and move to a market economy where there are virtually no controls on companies, where labour is priced low and then undercut by worse companies who are in turn undercut by even worse ones.
Just don’t forget what happened at Bhopal and then try to imagine if such a disaster operated at a US plant would have been likely to occur.
Nothing at all directly to do with unions, but I’d be willing to put money down that if that plant in Bhopal had been unionised there would have been better enforcement of safety standards.

I do not care too much how well paid CEO’s are, these people operate in a differant labour market, and each labour market has differant rules.

What I do want to see is CEO’s and companies behave in a civilised manner, which is to treat employees with a proffessional courtesy, and as essential parts of a successful business.

When companies skimp on safety, we, the ordinary workers get killed, but the managers are never prosecuted for corporate manslaughter.

If we really want to go to the fullest logical extent of free markets then why should we not go right the way to indentured tied workforces, or even slavery, remember that it was money that put them in the fields and it was money that fought to keep them there.

I do not demand anything that I am not reasonably entitled to expect, I expect safe working conditions, I expect the company to adhere both to its own rules and to legally enforceable rules.
Companies are in a position of power over their employees, time and again this power is abused, individuals cannot hope to stand against it, people like me try to ensure that you get what you are entitled to, I resent some remarks here, I work hard for my employer, I then work in my own time for those around me to ensure their lives and living standards are protected, and ultimately my union work ensures that my employer does not get itself into situations where prosecutions will result.

Junior managers will tell senior managers what they think they want to hear, union representatives tell them how it is, there is a need for adversarial industrial relationships, else we all become far too cosy and complacent(provided that the adversarial aspect is not destructive)

There are poor unions, there are naiive unions, but there is an old axiom

“There are no bad workers, just bad managers”

If a worker is lazy and workshy, managers have the power to dismiss them, managers should be capable of managing, too often they are placemen who play golf with their friends, too often they are useless.If as a CEO, I found I had serious industrial relations problems, I would take a long hard look at my management team.

Good example here, look at the UK car industry, our production rates were poor, we lost millions of days in strikes, yet the Japanese built a car plant over here, using Japanese management and guess what, no strikes, highest production rates in Europe, higher quality standards than Japan.
The only differance between the UK car makers and the Japanese one was the management, the workers were the same.'nuff said I think.

I never, ever blamed all of industry’s woes on unions. Far from it.

Using the logic put forth in this thread, unions are protectors of the downtrodden. How, then, do you reconcile the fact that many (porbably most) of the companies in the US are not Union, yet most somehow still manage to turn a profit, treat their employees with respect, and be good corporate citizens? Obviously the non-union model works in many various scenarios without complete meltdown.