Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Corporations
Finance Discussion Forum

 Does a small business owner have to provide health insurance to his employees?
I'm starting my own business and I want to buy my family's health insurance through the business because they do some work for me. However, I do not want to offer it to my employees who are ...


 Is pursuing a doctoral degree (full time if given an opportunity) worth leaving the full time job?
Elaborate on why or why not, and if possible, list some pros and cons of each ...


 I think it is so rude for people not to hold the elevator, esp at work, when someone is walking towards it!?
I just wanted to share that.. Get your 2 points.
Additional Details
Especially when the elevator is EMPTY! I can understand if it were full!...


 Am I over reacting?....?
I am a 45 year old white female who is employed by a retail chain that carries various electronics and household products. My job is in appliances and I am part time but always work more than 40 ...


 Help with ebay seller!!!?
I got a bargain on an item in ebay and the seller was looking to get more money for it... They said that someone colored on the screens with sharpie when he wasnt looking. So i said i would still ...


 What are assets?
...


 Are Indian call centres on Al Kaeda's payroll ?
They make so many mistakes with your accounts - which ever company you are dealing with - I'm wondering whether it is just plain incompetence, the fact they cannot speak coloquial English and ...


 Where should I work?
I need to get a first job this summer/spring before college starts. Should I work at:

Menards,
WalMart,
KMart,
Krogers,
OR
A Restaurant?
Why?...


 How can I contact Sears executives - the top dogs?
We have always relied on Sears appliances for our home. We recently, however, purchased a new home and also purchased all Sears appliances. We've had nothing but problems with one of the ...


 I am a Yahoo! Employee. I love it here. Would you leave Yahoo! if it was bought by Microsoft?

Additional Details
This is a hypothetical question. I just want to see what users have to say....


 Why is Bill Gates retiring from Microsoft?
...


 Why does Dunkin Donuts not plant stores in California?
U know they wanna. U know u want it. Chorus.
Additional Details
This is especially regarding their coffee. Dunkin Donuts is up there with quality and their coffees I prefer to Starbucks. ...


 I need some seriuse help. I just got hierd at walmart?
and i need help trying to find some cacky pants that arnt so ugly for the uniforms we have to wear.
Please give me some stores you know of where i can find some cacky pants....


 Does any know how to get a Name of Company registered....any email address for getting some info on this..help
I need email add/ph no. of site /people who can provide me info on seting up a Company and right now i am trying to Register a name for my Company.I want to know wht names are already taken up so ...


 Is english antisocial nature to be blamed for mutual bullshiting between them?
when i observe english people when they are not involved in any conversation (e.g. on tube), most of them look uptight and uninterested in other human beings.

And when they start a ...


 To BYU Economic students: Is it true that the LDS church now owns 8.4% of Hershey's Chocolates?
Is this why so many General Authorities have inserted infomercial bites into their inspired speeches at Conference?

http://brian.duffin.org/ ....


 Where does Kelloggs manufacture their cereal?
...


 Why are people so Ignorant to the REAL Facts about Wal-Mart ??
The REAL Facts, that Wal-Mart doesn't want you to know :


http://www.pbs.org/wgbh/ http://walmartwatch.com/ http://alternet.org/stor...


 I own 49% of a small business(formed into an s corporation)the other guy 51%.Who is considered the true owner?
...


 Are there any paid online surveys that do not ask you to pay for anything at the end ofv the survey?
...



Samantha B
Does anyone think Labor Unions (namely the UAW) have contributed to the mess the auto industry is in?
(I'm not anti-union, nor do I know much about how economies work, but I heard this from someone and it got me thinking)
                     
 




mikey
There is no short answer to this Q. When it comes to assigning blame, there's plenty to go around. To say the fault lies totally with the union is both simplistic and wrong.
Some blame can & should be assigned to government for allowing foreign makers such a large share of the domestic market and for over-regulation/over-taxation. Management also needs to take some heat for many things, such as parts proliferation, model interchangeability, or lack thereof, executive compensation and costs related to model introduction, re-tooling and short production runs of certain models.
The unions also have their share. When a lot of those union contracts were first adopted they included unsustainable promises like lifetime employment, no employee/retiree health care co-pays and pay for no work. Those features might have been OK when the ' big Three ' had a 70% market share. But now the 3 combined have barely a 40% share of the domestic market. So now mgmt. is trying to re-negotiate those contracts. I fear it's too little, too late.
That's the short version, i'm afraid.


Steven M
No. Everybody likes to blame the Unions but Management agreed to all these terms. What happen was Management figured out that benefits were cheaper than giving out pay raises every year. So back in the 70's and 80's they gave away the store in Health Benefits. Promised full insurance coverage for everyone including retirees. They didn't figure on Health Care cost to shoot through the roof. Now their stuck paying 100% insurance coverage on thousands of people. Management thought it was a great idea at the time because they got the same benefits as the Union works. GM has to tack on $6000 on every car just to pay for all these benefit packages they agreed to back 30 years ago.


Red
Rating
Yes, of course they have, but they've also done a lot of good for the auto-industry.

The entire industry is suffering (domestic and foreign) due to the economic situations.


toledojeeper
Rating
No they have not,while I don't agree with everything the UAW does we have taken pay cuts and benefit cuts to help the companies.Someone said the wages and benefits add $6000 to the price of a vehicle,not even close.He also said our insurance pays 100%,why do these people lie about our benefits?I would be nice if people that don't actually know what our pay and benefits are would keep their mouths shut.


Steve D
Rating
They probably can shoulder some of the blame for the crisis, but most of it lies on the shoulders of management who failed to properly plan for the oil crisis, even after weathering two before this, for failing to properly modernize, for failing...well, just for failing.


Robert W
Rating
I pretty much blame poor management (as another answer said, failing to adjust to changing market realities over the last 30 years). Like real estate investors recently, they thought they'd continue to grow forever.

Those who blame unions will focus on pensions. The huge pension liabilities stem from agreements made many years ago, when neither side realized what would happen - decreasing sales, less stable environment etc.

Besides, both unions and management have the responsibility to get the best deal they can for those they represent - employees and shareholders, respectively. If the unions get too much, it's not their fault, but management's for agreeing to it.


smartypants909
NO, if it were not for the unions, workers would still be working for ten cents a day and work twelve hours and receive no benefits.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.044
Copyright (c) 2011 Financial Crisis Sunday, May 27, 2012 - Terms of use - Privacy Policy