27 Aug 2022

71

HR Event-in-the-News

Format: APA

Academic level: College

Paper type: Essay (Any Type)

Words: 193

Pages: 1

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In 2019, union workers went on a strike to protest low pay and lack of benefits by General motors. According to representatives, General motors place profits before employees with a lower hourly wage, job insecurity, poor healthcare benefits, and a profit-sharing plan (Kelly, 2019). In context, although the employees helped build the company during its financial crisis, most of them are part-time workers without secure jobs or benefits to cater to their needs. On the other end, General Motors human resource management claims that it has guaranteed its employees considerable offers, inclusive of higher pay, new employees, and a $7 billion injection to keep jobs (Kelly, 2019). 

In the case of General Motors, employee concerns narrowed down to pension benefits, wages, and job security. For instance, it takes eight years for employees to earn the top wage dollar of $31, which is a relatively long period considering the industry's profitability and employee input (Reuters, 2019). As such, employees feel they deserve a shorter period to earn a top wage. Also, a better enhancement to retirement and health benefits will ensure that they secure better living after their work in the company. In that case, a substantial contribution to the 401(k) for members who have worked for more than ten years. 

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References 

Kelly, J. (2019). 50,000 Union Workers Strike At GM: Here’s What It Might Mean For The Employees, Employer, And Economy. https://www.forbes.com/sites/jackkelly/2019/09/16/50000-workers-strike-against-gm-this-may-have-serious-repercussions-for-the-employees-gm-and-the-presidential-election/#1891029393cb 

Reuters (2019). Main issues in UAW-GM labor talks narrow to wages, pensions: https://www.reuters.com/article/us-usa-autos-labor-idUSKCN1WK0JG 

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StudyBounty. (2023, September 15). HR Event-in-the-News.
https://studybounty.com/hr-event-in-the-news-essay

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