The pay disparity has gotten SO out of hand that no board or CEO should be surprised when employees want to join a Union. CEOs getting paid 300+ times the average employee is pure greed and should sicken most people. Not that Unions are so great but something has to give or change will never happen!
When you read a comment about unions being bad, it's important to remember that you're reading those on a LAYOFF website.
How's that not having a union working out for you?
LOL. All day long.
Not too long ago, you’d see me rolling my eyes at this unionization effort. But, in fits and starts, I’ve reluctantly come around. I’m a high-salaried part of the company’s risk management apparatus and not the target audience of the union. But from my vantage point I’ve come to understand that the company cannot successfully dig itself out of regulatory trouble with its current employment practices. Staffing is inadequate, the management structure is damaged and chaotic, basic recordkeeping is hopelessly scrambled, and morale is horrendous. This is all fertile ground for further misbehavior, inadequate supervision, poor execution, and reputational risk. Employees who are in the trenches need more empowerment to have their concerns heard. This is truly a situation where it’s in the best interest of shareholders for a union to be involved.
I'm under no illusions that unions will fix anything, but they are a giant F U to the CEO and that in and of itself has value. He's Fing with us while laughing all the way to the bank, least we can do in return is to F with him. He doesn't NOT want to be known as the cr-p CEO whose garbage "leadership" results in unionized labor, but that's what he's about to get and it's well deserved.
If Charlie was actually a good leader, I’d be ok with that. He serves no purpose. He contributes nothing. An embarrassment.
Comparing ALPA to WF is like comparing apples to kiwi's. Way different landscape in ALPA.
“ Who here at Hells Fargo received a 50% raise ? Asking for 280,000+ workers..”
Way to skew the narrative! First you I need to know base avg numbers as it absolutely is important to the overall %’s (going from $50k to $75k over 5 years isn’t squat). Second they didn’t get a 50% raise, they are getting 5, 10% raises (basically). And since you asked, I would say I am one of those who is getting a 50% raise.
Your garbage post is exactly why some people can’t accurately gauge the impact of collective bargaining for themselves. If those pilots were so underpaid that they required a 50% increase in pay for some semblance of happiness they did not know their own worth to start with. Now they have to work 5 additional years to get to that worth value? And so what if they get it? All those front loaded years of low pay and lost opportunity, quit and go somewhere else that pays your worth.
Unless an employer is horrific I give them one year. If in one year the employer doesn’t show me they appreciate my value add (or perhaps I didn’t bring as much to the table as I thought I did) then I exit.
"Pilots at Southwest Airlines (LUV.N) will get about a 50% pay raise over a five-year period in their new contract, according to the details shared by their union on Wednesday."
Who here at Hells Fargo received a 50% raise ? Asking for 280,000+ workers..
Unions are not a good thing, but executives making 8 figure salaries while the plebs get a 1% raise, enough for a Wendy's Value Meal...is not right. Maybe it would stop the H1B's from taking American jobs ?
Union = inefficiency, somehow even more lazy, entitled people, more I&P, more closed sites, branches, and limited site locations. So stupid. Please go start a Union board.
Why on earth do you care how much the CEO makes?
It is what he was offered to join the company, just like you were offered a salary you accepted.
as for a union, and he'll make that same amount while you are wasting money on dues..........
It's not like you would make more if he made less............................ that kind of thinking is WHY you make 300 times less........
sheesh......
So your solution is to join a Union where the Union Bosses make 100 times the average employee and the CEO will continue to make 300 times the average employee? Just so I’m clear.
By this logic you had better not be making 300 times what the average street sweeper in Delhi makes or you should rage against yourself.