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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (441644)12/20/2008 4:40:26 PM
From: i-node   of 1574060
 
Well, I read it and I don't see anything new or worthy of commenting on.

a) An apples-to-oranges comparison of executive compensation of two companies was made, which, of course, was worse than meaningless. Some figures for a US company's exec compensation were laid out which looked totally reasonable to me.

b) And, one more time, it was pointed out that Japanese tranplants pay a fraction of what UAW companies pay for the same skill sets, but the transplants pay competitive pricing while Detroit pays based on UAW extortion.

And it wasn't pointed out, but is significant, that the difference in Detroit vs. transplants labor is substantially understated in the article, since there are other major costs in Detroit that are not part of "labor" cost -- for example, the cost of contract services that are required to be offsite because in Detroit because they employ non-union labor, while in the transplant locations they can have such labor onsite, which is part of the TPS that makes Toyota so much healthier (financially) versus GM.
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