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| Re: MTA workers' union: We want more money (1168535) | |||
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Re: MTA workers' union: We want more money |
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Posted by Henry R32 #3730 on Wed Jul 25 20:59:22 2012, in response to Re: MTA workers' union: We want more money, posted by Southern BMT on Wed Jul 25 20:48:21 2012. In exchange for that lower salary is a guaranteed (essentially) pension and protection against loss of work due to downsizing. Private industry doesn't hold a candle to that; I can't name any company I would trust my future in over the long haul. Pensions are fast becoming a thing of the past, and 401Ks are at the will of the economy. Remember it's not their financial standing now, its what it will be 30 years from now. Apple and Google look good now but technology changes at a far faster rate, they can easily find themselves in the dust.Those higher private industry salaries are necessary since the difference has to go into funding your own retirement... or *should*, people are really stupid with money now and I bet a lot of these six figure 20somethings will be begging for government aid in 10 years, but I digress... |
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