{"id":355,"date":"2010-05-12T08:17:37","date_gmt":"2010-05-12T12:17:37","guid":{"rendered":"http:\/\/www.salaryfor.com\/blog\/?p=355"},"modified":"2010-09-23T22:10:38","modified_gmt":"2010-09-24T02:10:38","slug":"detroit-3-closing-worker-pay-gap-with-foreign-competitors","status":"publish","type":"post","link":"https:\/\/salaryfor.com\/blog\/detroit-3-closing-worker-pay-gap-with-foreign-competitors\/","title":{"rendered":"Detroit 3 Closing Worker Pay Gap with Foreign Competitors"},"content":{"rendered":"

\"\"<\/a> By Phil Alex<\/p>\n

<\/a>Sean McAlinden, an economist working for the Center for Automotive Research, says that due to shifts in UAW retiree \/ health planning US auto manufacturers may end up with a labor-cost advantage in the next few years. GM is used as the prime example.<\/p>\n

Here’s a look at the timeline:<\/p>\n

In 2007, per-vehicle labor costs for GM were $1,400 more than Toyota, its largest international competitor. $950 of that was for retiree benefits.<\/p>\n

In 2008, Detroit’s Big 3 manufacturers (Ford, GM and Chrysler LLC) were reportedly paying their hourly employees $69,368 per year on average versus $70,185 being earned by employees at foreign-owned plants. Salaried employees at the Detroit automakers were making $122,963 versus $81,506 earned by foreign-based counterparts.<\/p>\n

<\/a>Now, after all the re-negotiations, GM is working towards a new goal: “[hiring] more workers at the lower wage and it [hiring] fewer skilled-trades workers, who make more money than other factory workers”.<\/p>\n

With 2,300 new employees working under the revised wage\/retirement plans, GM’s employees are only $2 more costly than Toyota’s. McAlinden predicts that over the next 5 years, GM may even undercut Toyota’s pay by up to $10.<\/p>\n

source: <\/em>carscoop.blogspot.com<\/a><\/strong><\/p>\n

click here for more salary information<\/span><\/a><\/strong><\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

By Phil Alex Sean McAlinden, an economist working for the Center for Automotive Research, says that due to shifts in UAW retiree \/ health planning US auto manufacturers may end up with a labor-cost advantage in the next few years. GM is used as the prime example. Here’s a look at the timeline: In 2007, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[1380,1377,1386,1378,1383,1372,52,225,146,1373,1384,1381,1375,1376,1387,1379,39,1374,1385,1382],"class_list":["post-355","post","type-post","status-publish","format-standard","hentry","category-business-stories","tag-auto-manufacturers","tag-automotive-research","tag-chrysler","tag-cost-advantage","tag-counterparts","tag-detroit-automakers","tag-economist","tag-gap","tag-gm","tag-international-competitor","tag-negotiations","tag-prime-example","tag-retiree-benefits","tag-retiree-health","tag-retirement","tag-salaried-employees","tag-salary-information","tag-skilled-trades","tag-timeline","tag-uaw"],"_links":{"self":[{"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/posts\/355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/comments?post=355"}],"version-history":[{"count":5,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/posts\/355\/revisions"}],"predecessor-version":[{"id":942,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/posts\/355\/revisions\/942"}],"wp:attachment":[{"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/media?parent=355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/categories?post=355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/tags?post=355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}