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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (270122)1/26/2006 9:20:30 PM
From: Amy J  Read Replies (1) of 1577853
 
I hear you and agree, but the health item is huge.

A stickler and something you always neglect to mention when make a post on the topic.

"I don't know how much Toyota pays its employees re. health insurance"

Could you please find out how much Toyota spends on health care?

You really can't ignore GM's $98B benefit liabilities when you are discussing business. I think you realize that too.

RE: " GM.....but does that take into consideration that Toyota lays off employees much less frequently than GM"

GM's average plant worker is 45. In the local Toyota plant, it's 35. Toyota gets a way with this because they have a media glow. If GM's average plant worker were 35, it would be headline news and GM would earn bad press.

You implied Toyota has an older work force because of retension, yet you didn't realize that GM's worker is nearly an entire decade older than Toyota.

Meanwhile, Toyota can get rid of older workers without the media thinking a thing because they've got that media glow thus can do no evil. (Not saying they are doing this, but you have to ask yourself why Toyota struggles with retension of older workers, and why is their average worker ten years younger?) A lot of the older boomer Toyota engineers are beginning the process of retiring and thus are leaving a pretty large engineering gap. They are going to be losing a lot of experienced people. I think GM does a much better job with retension because their benefits are quite huge particularly for experienced workers.

I think GM needs to offshore in order to get rid of the union that complains about a health care plan that is incredibly good. My parents are on GM's health care, and it's a good plan.

Regards,
Amy J
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