What does an autoworker really earn? - The $73 hr myth

[Joanne98]

The corporate media are perpetuating the false perception that the average GM worker costs more than $70 an hour, once you include health and pension costs. The primary reason they spread this propaganda is to paint the UAW workers as a bunch of highly overpaid workers. The corporate media is not your friend. They are being deceptive for a reason because they have an agenda.

The average GM assembly-line worker makes about $28.50 per hour in wages, and by no means are they being payed $44.50 an hour in health insurance and pension plan contributions. The so-called $73 per hour figure is a ridiculous number obtained by adding up GM's total labor, health, and pension costs, and then dividing by the total number of hours worked. In other words, it includes all the healthcare and retirement costs of retired workers.

The hourly wage for a newly hired non-core assembly worker is $14.25, with minimal benefits.

Read more about the $73 hour myth ...

http://joetheautoworker.blogspot.com/2008/11/73-hour-myth.html

[jeff30997]

1. "The average GM assembly-line worker makes about $28.50 per hour"

Boy why are they wasting their time building cars when they could make $50 an hour to pick lettuce?

[lazyriver]

2. Thank you for this post and link. I was just having a "discussion"

with two co-workers who were parroting the "$73/hour" chant at me this morning.