Strike at Deere plants in the US, more supply chain shortage to come

[IndyJay]

Well sure, building 401k retirement wealth is fine if that's your thing, but Beyonce' and Patrick Mahomes actually earn their money. Are you not entertained?

Not really.

 

[bigtiller]

I'm almost sure Beyonce' is a singer? but who is Patrick Mahomes I have never heard of him.

 

[rScotty]

I'm almost sure Beyonce' is a singer? but who is Patrick Mahomes I have never heard of him.

Television personality. Makes hair product and insurance commercials.

 

[ruffdog]

Television personality. Makes hair product and insurance commercials.

Yeah, and the Packer's play against him this weekend without Aaron Rodgers.

 

[airbiscuit]

Ten of the twelve union locations rejected this:

The company said the newly rejected deal included an immediate
10% wage increase and
30% wage increases over the term of contract, an
$8,500 signing bonus and
health care coverage with no out-of-pocket costs for members for premiums, deductibles and coinsurance,
improved retirement benefits and
new paid parental leave.

They may reconsider staying out on strike once COBRA kicks in and they have to pay 100% of the premiums for that super luxurious health insurance plan.

 

[Steppenwolfe]

Ten of the twelve union locations rejected this:

The company said the newly rejected deal included an immediate
10% wage increase and
30% wage increases over the term of contract, an
$8,500 signing bonus and
health care coverage with no out-of-pocket costs for members for premiums, deductibles and coinsurance,
improved retirement benefits and
new paid parental leave.

They may reconsider staying out on strike once COBRA kicks in and they have to pay 100% of the premiums for that super luxurious health insurance plan.

Seems counter intuitive, doesn't it? Our health insurance is over $24K per year, just me and wifey.

 

[Pixguy]

Seems counter intuitive, doesn't it? Our health insurance is over $24K per year, just me and wifey.

Same here but ours was just raised to 29k per yr. with a 5k deductible. Must be nice to turn that down.

 

[ruffdog]

They may be fighting a two tier wage system or other things that affect them as a group.

 

[kenmac]

Well, it's the grunts (workers) in the plant that are making all that money for the CEO to make. I wouldn't thing it would be that difficult to be a CEO for JD. Their name sells the product, Not the CEO.
If the guys and gals in the plant slow down, the CEO is probably impacted by less production leaving the plant. At that time, he will have to explain to the share holders whats happening.

Heck, The bosses in the plant is what keeps the people turning out product, not the high paid CEO.

If they have turned down the current proposal. It would be nice to see what they are trying to take away, because the contract that has been posted looks pretty good

 

[Milo]

Seems counter intuitive, doesn't it? Our health insurance is over $24K per year, just me and wifey.

Same here but ours was just raised to 29k per yr. with a 5k deductible. Must be nice to turn that down.

I was paying about the same ten years ago for my wife and I, over $26K per year ($2,200 per month, $13 per hour) before being Medicare eligible. I'm not sure people who have health insurance included by their employer take this completely into consideration.