Topic: Whats going to happen to GM ?
in Forum: All Vettes Discussion
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[QUOTE=Dejablu]I remember back in the early 80's, things got so bad with the company I worked for, we all took a 15% pay cut so they wouldn't have to lay off anyone. That lasted about 2 years and when things got better, the company reimbursed us over the next few years for the pay we lost. Sometimes ya just gotta bite the bullet and hope everything works out.
Iron82 2008-11-08 19:11:50
Larry[/QUOTE]
I hear that a lot for the employers. What happens to the companies boss and high rankers that own the companies. They don't cut there pay only the employers. That True or Not? If so 
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[QUOTE=Iron82][QUOTE=Dejablu]I remember back in the early 80's, things got so bad with the company I worked for, we all took a 15% pay cut so they wouldn't have to lay off anyone. That lasted about 2 years and when things got better, the company reimbursed us over the next few years for the pay we lost. Sometimes ya just gotta bite the bullet and hope everything works out.
Dejablu 2008-11-08 19:25:45
Larry[/QUOTE]
I hear that a lot for the employers. What happens to the companies boss and high rankers that own the companies. They don't cut there pay only the employers. That True or Not? If so
[/QUOTE]
I don't know about any other companies, but mine was a small private school and we only had about 20 employees. I know the owners and they said they were taking a pay cut too, and I believed them. They were good to work for and I trusted them. They did us right and you can't say that about a lot of employers. I worked for them for 22 years and can't say a bad thing about them. Not too many employers you can say that about.
Larry
The difference between men and boys is the cost of their toys!!
Lifetime MemberIrving, TX - USA
Joined: 8/21/2004
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Vette(s): #1 -1969 Corvette Coupe Riverside Gold, black interior,MN,A/C,350/350,PS,PB,window cranks.
#2 -2000 C5, black/black, 6 sp, Bose system & lots of buttons.
If all the fat cats of these companies in trouble would cut their salaries in half, it would save the company and the workers that MAKE the company what it is. GREED has really messed up a lot of lives.
That's just WRONG.
greypoupon69 2008-11-08 20:29:34
That's just WRONG.
EEEWWW....if they merge with Chrystler are they gonna make a CorViper?
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MICK - C3VR Lifetime Member #113
Joe Six Pack can't by a 20K+ car and his house is not worth what he first bought it for 5 years ago, his credit cards are helping him pay his bills, his employer is cutting back and not offering him overtime that he needs to get by. The big company CEO's are out of touch with the Joe Six Packs out there and as long as our Government lets them suck millions from these companys and lay off Joe Six Pack after they get those giant bonuses our country will not improve.
Aaron 
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More than likely the goverment will step in after Gm requests receivership protection, and maybe with any luck at all, the higher management will then have to take a pay cut and get realistic paycheques and hopefully Joe Six Packs (as stated above) will be able to maintain their jobs.
[QUOTE=acplus]More than likely the government will step in after Gm requests receivership protection, and maybe with any luck at all, the higher management will then have to take a pay cut and get realistic paycheques and hopefully Joe Six Packs (as stated above) will be able to maintain their jobs.[/QUOTE]
I don't believe any high ranking management person/s will ever take a pay cut. They would come up with a ill excuse saying to stay with there huge pay and bonuses.
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We..........all of us will be in serious trouble. I predicted this would happen by the year 2010. I guess my prediction was off a bit. The government can't allow it to happen.
corvette440hp
We have all heard the expression "Too many chiefs and not enough Indians".
From my perspective many companies and agencies have way too many well educated people who don't do much for the company other than collect large salaries. What do they actually do during a days work?
Let them wear their hush puppies and bow ties somewhere else and let them pay for their own finger sandwiches and bloody marys.
The poor guy in the field can't afford a new pair of boots and is eatin' a baloney sandwich for lunch.
OK (Rant'n 'N Ravin' done for now.)
KDADDY79 2008-11-09 18:04:06
I sure hope the Corvette survives.
Kevin
Lifetime MemberLemon Grove, CA - USA
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Vette(s): 1982 C3 Collectors Edition 44000 miles, sat in the sun most of its life, My wife purchased it for me for Father's Day in 2007 from her girlfriend that had it for 19 years. It is on the road again. I'm retired but it is now my daily driver.
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I hear a lot of talking and I have always wondered how much
of the car price is due to environmental issues. Now I’m for clean air and in
For example how many people know that it takes ¾ of a gallon of diesel fuel to produce 1 gallon of bio-diesel. Is the pollution that comes from burning ¾ of a gallon of diesel added to the pollution of 1 gallon of bio-diesel greater than just burning 1 gallon of diesel. My guess is it is better to just burn diesel.
Of course the bunny huggers do not like people to reason. The cars are smaller cost a lot more and how much cleaner is the air? How about some of the additives what is the cost of those in pollution?
in Forum: All Vettes Discussion
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