GM to end controversial 'jobs bank' (aka workers paid not to work) Monday (2/2/09)

cwerdna · 01-30-2009, 01:36 PM

Yay! GM is ending the program where a bunch of workers are paid not to work.

GM to end controversial 'jobs bank' Monday - Yahoo! News

For a refresher, here are some old articles which reference the "jobs bank":
Jobs bank programs -- 12,000 paid not to work - 10/17/05
GM may close more factories - 04/26/05

Layoffs suck but at least the company will have less of a burden.

PriuStorm · 01-30-2009, 04:39 PM

It's about time. This program is about as unAmerican as it gets.

bedrock8x · 01-30-2009, 04:52 PM

The UAW president said the job bank is suspended not eliminated. I hope the job bank will not be re-instated after the big3 got the loan/bailout money.

JSH · 01-31-2009, 08:35 AM

Quote:

Originally Posted by bedrock8x

The UAW president said the job bank is suspended not eliminated. I hope the job bank will not be re-instated after the big3 got the loan/bailout money.

The jobs bank is suspended until the next round of talks. The Detroit 3 and UAW can't officially eliminate the jobs bank without renegotiating the entire contract and taking this new contract to the UAW for a vote.

donee · 01-31-2009, 09:30 AM

Yep,

Its gotta be Bankruptcy for GM or it will never get out from such an onerous money drain.

**TonyPSchaefer** · 01-31-2009, 10:29 AM

There are certain worker's rights that I believe in and would stand behind. Then there are some things that seem down-right extravagant which bring to mind the image of a leech sucking the blood from the host until they both die.

DaveinOlyWA · 01-31-2009, 11:21 AM

lol! Tony..vg analogy very good and very accurate

JimN · 02-01-2009, 12:33 AM

Be careful what you ask for. The people in jobs bank are on a corporation's welfare supported by that corporation's customers. Now they are transferred to governmental welfare (state & federal) where everyone can support them.

patsparks · 02-01-2009, 05:12 AM

Yes Jim but on a much lower pay so a lesser cost and with greater incentive to actually work.

You can't blame the workers though, they get paid to do nothing and are happy to do just that.
We had a similar thing in government here, where people were paid to study and waste time. It is because it is very hard to sack anyone from a government job here except for misconduct and even that isn't easy. There are no forced redundancies in government here, they can offer voluntary redundancy packages which involve payments of up to 2 years wages. Of course the first people to take those packages are the about to retire anyway and those who can easily get work in private industry or were considering leaving. Many people where I work have been there since leaving school and are now in their 50s. I did my apprenticeship with several people in my department still. I worked in private industry for 18 years.

Due to the economic slow-down there are more voluntary redundancy packages on the horizon.

hill · 02-14-2009, 01:40 AM

Quote:

Originally Posted by TonyPSchaefer

There are certain worker's rights that I believe in and would stand behind. Then there are some things that seem down-right extravagant which bring to mind the image of a leech sucking the blood from the host until they both die.

You mean like when your congressmen gets full pay & med benefits when they retire? Or when state or county workers get the full monty too? Or the big pyramid scheem that we call social security? (only now the base of the pyramid is smaller than the middle) Nah, you couldn't have been talking about that ... That'd be off topic

Quote:

Originally Posted by JimN

Be careful what you ask for. The people in jobs bank are on a corporation's welfare supported by that corporation's customers. Now they are transferred to governmental welfare (state & federal) where everyone can support them.

Oh, you mean like the welfare we give the bankers? . . . or the failing auto execs? . . . or AIG? . . . sounds ok to me ...

01-30-2009, 01:36 PM	#1
cwerdna Senior Member Join Date: Sep 2005 Location: Seattle area, WA Posts: 2,306 My Car: 2006 Prius Model: N/A Package: #7 Thanks: 26 Thanked 60 Times in 52 Posts Friends: 3	GM to end controversial 'jobs bank' (aka workers paid not to work) Monday (2/2/09) Yay! GM is ending the program where a bunch of workers are paid not to work. GM to end controversial 'jobs bank' Monday - Yahoo! News For a refresher, here are some old articles which reference the "jobs bank": Jobs bank programs -- 12,000 paid not to work - 10/17/05 GM may close more factories - 04/26/05 Layoffs suck but at least the company will have less of a burden. Last edited by cwerdna; 01-30-2009 at 01:39 PM.

01-30-2009, 04:39 PM	#2
PriuStorm Senior Member Join Date: Sep 2007 Location: Davis, CA Posts: 1,500 My Car: 2007 Prius Model: Package: #4 Thanks: 58 Thanked 33 Times in 23 Posts Friends: 8	Re: GM to end controversial 'jobs bank' (aka workers paid not to work) Monday (2/2/09) It's about time. This program is about as unAmerican as it gets.

01-30-2009, 04:52 PM	#3
bedrock8x Senior Member Join Date: Jul 2008 Location: California Posts: 586 My Car: Other Hybrid Model: Package: N/A Thanks: 3 Thanked 10 Times in 10 Posts Friends: 2	Re: GM to end controversial 'jobs bank' (aka workers paid not to work) Monday (2/2/09) The UAW president said the job bank is suspended not eliminated. I hope the job bank will not be re-instated after the big3 got the loan/bailout money.

01-31-2009, 09:30 AM	#5
donee Senior Member Join Date: Aug 2005 Location: Chicagoland Posts: 2,244 My Car: 2006 Prius Model: Package: #2 Thanks: 2 Thanked 54 Times in 47 Posts Friends: 0	Re: GM to end controversial 'jobs bank' (aka workers paid not to work) Monday (2/2/09) Yep, Its gotta be Bankruptcy for GM or it will never get out from such an onerous money drain.

01-31-2009, 10:29 AM	#6
TonyPSchaefer Your Friendly Moderator Join Date: May 2004 Location: Far-North Chicagoland Posts: 10,497 My Car: 2004 Prius Model: Package: #9 Thanks: 39 Thanked 164 Times in 105 Posts Friends: 23	Re: GM to end controversial 'jobs bank' (aka workers paid not to work) Monday (2/2/09) There are certain worker's rights that I believe in and would stand behind. Then there are some things that seem down-right extravagant which bring to mind the image of a leech sucking the blood from the host until they both die.

01-31-2009, 11:21 AM	#7
DaveinOlyWA 3rd Time was Solariffic!! Join Date: Apr 2004 Location: South Puget Sound, WA Posts: 12,375 My Car: 2010 Prius Model: IV Package: Solar Roof Thanks: 24 Thanked 121 Times in 103 Posts Friends: 10	Re: GM to end controversial 'jobs bank' (aka workers paid not to work) Monday (2/2/09) lol! Tony..vg analogy very good and very accurate

02-01-2009, 12:33 AM	#8
JimN P719 of ??? Join Date: Nov 2006 Location: South Jersey Posts: 2,691 My Car: 2006 Prius Model: N/A Package: #3 Thanks: 0 Thanked 28 Times in 26 Posts Friends: 2	Re: GM to end controversial 'jobs bank' (aka workers paid not to work) Monday (2/2/09) Be careful what you ask for. The people in jobs bank are on a corporation's welfare supported by that corporation's customers. Now they are transferred to governmental welfare (state & federal) where everyone can support them.

02-01-2009, 05:12 AM	#9
patsparks An Aussie perspective Join Date: Jul 2007 Location: Adelaide South Australia Posts: 9,182 My Car: 2004 Prius Model: N/A Package: Base Thanks: 118 Thanked 179 Times in 137 Posts Friends: 33	Re: GM to end controversial 'jobs bank' (aka workers paid not to work) Monday (2/2/09) Yes Jim but on a much lower pay so a lesser cost and with greater incentive to actually work. You can't blame the workers though, they get paid to do nothing and are happy to do just that. We had a similar thing in government here, where people were paid to study and waste time. It is because it is very hard to sack anyone from a government job here except for misconduct and even that isn't easy. There are no forced redundancies in government here, they can offer voluntary redundancy packages which involve payments of up to 2 years wages. Of course the first people to take those packages are the about to retire anyway and those who can easily get work in private industry or were considering leaving. Many people where I work have been there since leaving school and are now in their 50s. I did my apprenticeship with several people in my department still. I worked in private industry for 18 years. Due to the economic slow-down there are more voluntary redundancy packages on the horizon. __________________ All the warranty I need. Still averaging 4.4L/100km across town 2004 silver base model Prius Shark fin, genuine mudflaps, colour matched side mouldings, rear bumper scuff guard, sheepskin seats, BT Plate. I love it!

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