Thread regarding Bank of America layoffs

CWA

There’s been some talk of unionizing over RTO and cr-p raises. The financial services industry is the least unionized yet has the largest footprint. If anyone is serious, join me in filling out this form:

https://cwa-union.org/join-union/contact-cwa-organizing-department

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| 1776 views | | 9 replies (last March 30, 2022) | Reply
Post ID: @OP+1fQ5WGW1

9 replies (most recent on top)

Unions served a purpose of improving working conditions. Don't need them in 2022 with OSHA laws and Dept of Labor. People are just mad at the money companies are making and CEO pay. DB plans should no longer be in existence, People don't want to be disciplined and save themselves. The dues monet could go into your retirement fund.
No, not a corporate shill, left this place before Covid, doing a job i love, higher pay, sign on bonus, 10% 401k contribution, and fully WFH. They might offer the best medical benefits, but BAC can keep its toxic work environment, burying workloads and unrealistic expectations.

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Post ID: @afoa+1fQ5WGW1

Unions made sense when they first were created to stop employee exploitation and protect employee rights (such as a safe working environment). That was back when people were desperate to find jobs and would do just about anything to keep one. Times of changed and you are no longer beholden to your employer. If you want something different, apply for a new job and/or leave the industry for something that better suits you. Establish a Union? No thanks

^^^ Someone gets the point. THANK YOU!

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Post ID: @1trq+1fQ5WGW1

Unions made sense when they first were created to stop employee exploitation and protect employee rights (such as a safe working environment). That was back when people were desperate to find jobs and would do just about anything to keep one. Times of changed and you are no longer beholden to your employer. If you want something different, apply for a new job and/or leave the industry for something that better suits you. Establish a Union? No thanks

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Post ID: @1spm+1fQ5WGW1

How could I forget this nugget of info...

PENSIONS!!! Yes, unions across the US finally shored up their pension problems brought on by generations of poor funding and investments. Yes, investments, seems that your "pension" is only as good as the stock market. Sound familiar? Care to know how they managed to "secure" the pension funds? Federal Govt Bailout! Yes the very same bailout that saved countless companies. The latest bailout passed in 2021 only cost the tax payers 85 billion. Chew on that financial mess for a while.

If you can't tell, I'm having far too much fun with this.

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Post ID: @1nhq+1fQ5WGW1

Dues are only $30 per month? Wow!

Now go do your research. Several CWA sites and documents show this amount. Your figure is spot on to their low, low 1.3% rate based on an hourly pay of $15 at 40 hours. Guess what... the more you make, the more they take!

Don't forget the "coffee fund".

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Post ID: @1unn+1fQ5WGW1

Fearing and ignorant to unions? Nope. Boot li---r? Name calling is childish. Why am I against unions? I was born and raised in a steel town. I watched what the various unions did to bring down steel and other industries. I was impacted by false union promises sold to us by the USW and CWA.

If you see a better life in other countries because of unions, why not move?

Believe what the union goons tell you. Eventually I'll tell you "I told you so".

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Post ID: @dzg+1fQ5WGW1

Womp womp, we aren’t steel mills bud. We’re a bank with record profits who can afford to pay our CEO $32M per year.

Also, your fear mongering about dues is a little ridiculous. I’d rather pay $30 in dues but then get paid more, with lower monthly health care costs, along with more bargaining power I.e. an actual say in RTO.

People that are against unions are either:

  1. ignorant to their benefits 2) profiting from not having unions 3) bootlickers

There’s a direct correlation between the lack of unions and the sad state that is now retirement plans in the USA. Unions would protect the workers and their pensions, but the unions went and so did pensions.

Also fun fact, the countries that are rated the happiest in the world and with the best quality of life - Sweden, Denmark, Finland, are all highly unionized like 70-80%+.

It’s almost like paying the workers more and protecting their rights have the ability to make people happy. Huh, weird right?

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Post ID: @rtj+1fQ5WGW1

Forgot to mention this... IF the CWA managed to get into BAC and you go on strike, I'll be the FIRST "scab" to cross your line.

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Post ID: @vus+1fQ5WGW1

Trust me, this is the WORST thing you can do to sc--w a ton of associates. CWA like any other union will tell you that they are there to represent you and help negotiate associates requests with BAC mgmt.

Unions are only after one thing, money in their pockets. I've seen what the CWA did for US Air, nothing. Steel mills, same thing. In the 1970s the steelworkers union negotiated a contract that led to the average employee pay rates were 75% higher than any other industry. What happened? The mills could not afford to modernize and retool. The the government allowed "steel dumping" from other countries. The result was a mass influx of CHEAP foreign steel. US mills couldn't compete, thus most large mills like J&L and USS were forced to lay off workers, declare bankruptcy which destroyed pension and any union contracts.

End result, mini mills without unions. NuCore is probably the largest mini mill based in the US, non-union and their stock stays higher than BAC on a constant basis.

Go ahead, bring in the CWA, pay your mandatory dues, don't forget to pay for you "coffee fund" too. Watch how fast BAC cans employees.

One last thing... Do you know why 99% of associated are labeled as VPs? Because it puts us into a technical manager role / position. "Management" is NOT allowed to join a union. Do your research. You'll see how trying to unionize will FAIL.

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Post ID: @rij+1fQ5WGW1

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