Interesting line of reasoning. So if collective barganing is sucessfull in it's original intent, it becomes obsolete by acheiving that success. I think you may be on to something here.
Gentlemen, I spent a good portion of yesterday at the service center, and watched as YRC and the Teamsters announced they have reached an agreement on wage and benefits concessions...And they did so in pretty much record time for these two entities, who typically take longer to agree on what color green is..The general consensus seems to be 15%, but could be anywhere up to that number...
I say this only as a reminder to those who think there is some sort of bubble around us, or anyone for that matter...This is a pretty good indicator as to how bad things really are out there, and/or how bad they may yet become...Tread carefully, plan accordingly, be prepared...Let's see how bad this storm is gonna get...
And all the worker units will say "Well, everyone else is doing it".I feel it won't be long after teamsters concessions,conway will be looking for a wage cut.We had the concessions on benefits.
worry bout our company, and the direction they are heading
I have been wrong many times,i will be happy if i'm wrong this time.
"Bankrupt" gets a lot of things wrong, but, read his post right above........he's got this one pretty much called.....I suspect he has gotten a preview look at the video which is most likely already in the truckmail, on it's way to a T/M near you......
No worries mate.
In the next few days, our leadership will calm our nerves by telling us how strong we are and how lucky we are but that times are tough and that concessions have not been considered because we are a team......or something. In the meantime, they already have decided over the weekend. What opportunist would not be looking to see if....er....how they can capitalize on this and further degrade our compensation.
I believe they are interested in lowering costs and I know that they are sometimes less than forthcoming.
We'll get through the other end of this recession with our leadership looking like geniuses and they will, of course, need to be retroactively rewarded to the nth degree and our compensation will be left right down there where they put it to save our company from sure disaster.
I will know that they saved us because they will tell us so. But we'll be reminded that danger still lurks around the corner.
Results; The caliber of new hires will decline, labor will become even more micro-managed, a huge percentage of L/H will be outsourced, low and mid level managers will make less, and a few thugs will make more (well deserved) money than they ever dreamed of.
Well, I agree with you about one thing: They are interested in lowering costs...As far as concessions go, YRC doesn't even vote on it until the latter part of December, so I wouldn't look for a video anytime soon regarding concessions...at least a month...if at all...
As for the rest of your post, at least it appears you have communications meetings where you are...
If you're to agree with me on one thing then I will consider that a start. What history hasn't taught us, time will.