It's $32,800 and change. Add in $5k bonus, $3500+ bonus, and $1k bonus, and the workers are making $42300 a year. If they work 100 hours of overtime a year, they make $44700.
What does a starting engineer make at GM? $55k? And they are probably salaried, so working overtime doesn't net any extra money.
Factor in that the UAW worker gets ridiculous benefits. The engineer probably pays $2k more a year in health insurance than the UAW worker. The engineer probably has to pay $5k a year in student loans. The UAW worker gets to go to college on GM's dime, or at least partly.
So the engineer nets ~$47k after paying for theoretical student loans and health insurance while UAW worker probably walks out with ~$44k.
What exactly is the incentive to go to college anymore? Just work for GM for a little while and they'll pay for school. Or you can make just as much working on the assembly line as you can going to school, and start your job at 18 instead of 22.
People wonder why all of the manufacturing goes overseas. It's pretty simple to me.
I work at a forging company and the work the union members do in the factor is way more dangerous than putting together vehicles, way more physically demanding work, and they get $14/hr and they don't get those insane bonuses.
On top of that, the US is one of a few countries that actually has the equipment to build the parts we build. We have one of the few 25000 pound forging hammers in the world.
In terms of automobile assembly plants, you can find those all over the world.
Do people forget a major reason why GM went bankrupt in the first place?
It's called retirement benefits. That's what was killing GM, not the current crop of employees.....