Meadowlands In Trouble

[paulo537]

The average teller at The Meadowlands makes $30,184 a year, I read.

A 1/5 cut would take them to about $24,000. I imagine a $6k cut in pay when you are making $600/week would be hard to swallow, especially if you have an existing contract.

Gural knew the union deal was there and extends to 2/1/2012.

He also said before the offer was looked at by the union that if it wasn't accepted, he was out. That didn't happen. His exact words were, I believe, "April 15th is a drop dead date for me."

I suppose it's understandable to blame the tellers and label them as America wreckers, jackasses, etc... But it's hard to understand why he would go public and tell the world he has been "insulted" by a bunch of tellers who make $30 grand a year.

I wish him well but really how does a guy who grows up in the family business and succeeds his father as chairman of a huge corporation even dream that is a good idea?

I'm not buying his story.

[pointman]

Originally Posted by paulo537

The average teller at The Meadowlands makes $30,184 a year, I read.

A 1/5 cut would take them to about $24,000. I imagine a $6k cut in pay when you are making $600/week would be hard to swallow, especially if you have an existing contract.

Gural knew the union deal was there and extends to 2/1/2012.

He also said before the offer was looked at by the union that if it wasn't accepted, he was out. That didn't happen. His exact words were, I believe, "April 15th is a drop dead date for me."

I suppose it's understandable to blame the tellers and label them as America wreckers, jackasses, etc... But it's hard to understand why he would go public and tell the world he has been "insulted" by a bunch of tellers who make $30 grand a year.

I wish him well but really how does a guy who grows up in the family business and succeeds his father as chairman of a huge corporation even dream that is a good idea?

I'm not buying his story.

If the average teller is making $30K a year at $29.00/hr that averages out to about 20 hours per week of work, not including overtime.

Yeah, Gural is really trying to screw them by asking to cut their pay to $24.00/hr. in order to try to turn this into a profitable business model.

[paulo537]

Originally Posted by pointman

If the average teller is making $30K a year at $29.00/hr that averages out to about 20 hours per week of work, not including overtime.

Yeah, Gural is really trying to screw them by asking to cut their pay to $24.00/hr. in order to try to turn this into a profitable business model.

Really, where do you get the $29/hour figure.

My understanding is the experienced tellers get about $24/hr. Also, their shifts are 5.5 hours and they can get up to 7 shifts per week. It's in the contract.

You're not close. No matter.

What do you think about Gural backing off his "walk away" date of April 15th?

[jms62]

They pay a hell of a lot less for pushing buttons at Burger King.

[pointman]

Originally Posted by paulo537

Really, where do you get the $29/hour figure.

My understanding is the experienced tellers get about $24/hr. Also, their shifts are 5.5 hours and they can get up to 7 shifts per week. It's in the contract.

You're not close. No matter.

What do you think about Gural backing off his "walk away" date of April 15th?

Look back to the "Jersey legislature OK's $30 mil for MTH & MED" thread (I do not know how to post a link to it).

Even assuming it was $24 per/hr, which from my understanding from the article located on that thread was the proposal after a 20% reduction which simple mathematics gives you almost $29/hr they were making, we are still talking about a 24 hour work week for a $30K salary and that would be without any overtime.

It is a simple process of economics. The union wants as much as they can regardless of the reality, they could care less if the people paying them cannot afford it. If they want to keep their jobs, they need to make concessions. Hell, I am paying an experienced and very qualified attorney to work for me part time for $18/hr. and these tellers who punch tickets are balking at $24/hr? Even $19-$20/hr. is something to balk at? Please.

As far as Gural backing off his walk away date, the tellers are lucky that he is willing to even continue to negotiate with them after insulting him by refusing to even vote on his proposal.

[Cannon Shell]

Most of the tellers use this as a 2nd source of income, ie they have another job. The fact is they should not only wholeheartedly take the pay cut as finding a 2nd job as easy and well paying as punching tickets is close to impossible and the reality is that most of them can easily (probably should) be replaced by machines. Of course the full time Union Reps that get paid very well regardless of what happens to these people have convinced them this is a terrible deal.

[richard burch]

it's getting hot in here!

http://blogs.northjersey.com/blogs/m...going_on_here/

[randallscott35]

Oh my

http://www.drf.com/news/mutuel-clerk...ma-meadowlands