Tesla 2023

[SunTrader]

Tesla workers get both salary/health package and stock options. Some have become millionaires, thanks to share value.

C Suite folks are not workers.

Anyway non-union shops are directly affected by what union shops accomplish.

The so-called invisible hand of the free market would, and has in the past, fack the workers without some form of collectivism. Mr Ford gave his workers a fair wage to have them as customers and 5 day work week, which spread till it became near-universal. Two very rare exceptions.

 

[semperfrosty]

sad how such sympathies seldom extend to line workers that have to collectively bargain to get theirs.

Individually,at that level,most are replaceable.

Collective is often their only leverage.

Real stand out performers move beyond that level and negotiate based on their value.

 

[VicBee]

Individually,at that level,most are replaceable.

Collective is often their only leverage.

Real stand out performers move beyond that level and negotiate based on their value.

He thinks the primary responsibility of a business is to have employees.

 

[SunTrader]

Individually,at that level,most are replaceable.

Collective is often their only leverage.

Real stand out performers move beyond that level and negotiate based on their value.

Like who particularly? And I don't mean names.

Not Joe Sixpack, who does his job day after day year after year, that would get chit if not for a union - or a union at a competitor to keep the non-union shop "honest".

 

[semperfrosty]

Like who particularly? And I don't mean names.

Not Joe Sixpack, who does his job day after day year after year, that would get chit if not for a union - or a union at a competitor to keep the non-union shop "honest".

Who is replaceable do you mean?

 

[SunTrader]

Who is replaceable do you mean?

Stand out performers.

 

[Cuddles]

He thinks the primary responsibility of a business is to have employees.

wrong.

If a CEO is growing a company, he's performing as expected. If a line worker is doing his job, he's performing as expected. You only seem to want to link rewarding said performance to one job duty however. There's a reason tips are spread amongst the cooks and busboys.

 

[vanzandt]

Fusion is the only hope, and it is far far away from now at the rate we are trying to head towards it.

It's funny you mention this, because I was just brainstorming this weekend with some buds over what we will see in the next 25 years... and I brought up fusion.

Now I may be completely off here, but my hunch is that just like in biotech (Jamie Dimon actually spoke of this yesterday), despite all the associated fears of its potential evilness, the exponentially growing power of generative AI is going to leap-frog advancements across every scientific realm.

The one thing no one has mentioned yet, is in fact the pursuit of cold-fusion. And while you are probably 100% correct that it remains a long ways off, there is no doubt in my mind that over the next five years.... however long that timeline currently is... it is going to shorten quite significantly if cold fusion is in fact attainable.

Man oh man...if we can ever achieve cold fusion... the world we live in now will look prehistoric looking back.

 

[VicBee]

wrong.

If a CEO is growing a company, he's performing as expected. If a line worker is doing his job, he's performing as expected. You only seem to want to link rewarding said performance to one job duty however. There's a reason tips are spread amongst the cooks and busboys.

I think it's important to differentiate owner/founders from hired CEOs who are white collar employees. I'll be the first to cry foul on CEO pay at US corporations, the most grossly overpaid employees in the world. Sticking to the auto manufacturing sector, the same can be said of the blue collar union labor pay packages, some of the most grossly overpaid blue collar labor in the world. The point is, American traditional auto manufacturers are bloated dinosaurs who have allowed rampant complacency for the past 50 years.
I've said many times before on various threads that I have less of an issue with blue collar labor making 6 figure middle class incomes than I have with unions for their major contribution to the present state of the US auto manufacturing industry. And what is most infuriating is the sense of impunity, the too big to fail entitlement, the satisfied mediocrity that comes from total lack of accountability, the smug face of a union president who knows he's got his fist deep in management's ass with a pro union president at his side and another taxpayer bailout when shit hits the fan, again.

 

[SunTrader]

Nonsense is all I care to say.