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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (438550)	12/5/2008 4:01:50 PM
From: Joe NYC	Read Replies (1) \| Respond to of 1574115

Ted, Clueless? You don't want to know who I think is clueless. The numbers provided to you are the facts. They have been presented over and over again but you all refuse to accept them. It was gibberish, posted by people who don't know anything about accounting, and can barely add. Joe

To: tejek who wrote (438550)	12/5/2008 4:11:32 PM
From: i-node	3 Recommendations Read Replies (2) \| Respond to of 1574115

For '06 it was $73.26/hour worked. Period, end of story. NOWHERE DO YOU SEE $14-28/HOUR CASH COMPENSATION. THIS IS BS THAT RW PULLED OUT OF HIS ASS. Quote from GM website: The total of both cash compensation and benefits provided to GM hourly workers in 2006 amounted to approximately $73.26 per active hour worked. This total is made of two main components: cash compensation ($39.68) and benefit/government required programs ($33.58). The average annual cash compensation for hourly employees in 2006 was $39.68 per hour. Included in average earnings are straight-time pay, Cost of Living Allowance (COLA), night-shift premiums, overtime premiums, holiday and vacation pay. Benefit/government required programs in 2006 added an additional $33.58 for each active hour worked. These costs include: group life insurance, disability benefits, and Supplemental Unemployment Benefits (SUB), Job Security (JOBS), pensions, unemployment compensation, Social Security taxes, and hospital, surgical, prescription drug, dental, and vision care benefits. A couple weeks ago, GM and the UAW told Congress that in 2010, the cost will drop to $62/hour when the UAW trust starts paying retiree health costs. If you want to argue it, go take it up with GM and the UAW and their testimony before Congress.