Wages and such

[jetman]

Some time ago I was at the Bombardier plant @ YUL.
The process of building airplanes is amazing and so is the skill and knowledge of the people doing it.
Im sure that Bombardier's closest rival Embraer builds their planes using workers with equal skills as Bombardier but there is one thing different :WAGES
Bombardier's average salary for assembly workers is $ 23/hr
Embraer's $ 4.95/hr
While admiring the 190 I wonder about how much the workers share on the profits.......

[flyover]

If the point of your post is that you feel sorry for third world workers, then you need to hope that there is lots and lots of manufacturing done in these countries. And without a labor cost advantage the investment and work would not be going there. As soon as you try to impose some "fair" system to stop your imagined abuse of these workers you sentence them to permanent poverty. On the other hand when investment comes to these countries, drawn by their labor cost advantage, the education levels and standard of living goes up, usually on a sustained basis. Unless the governments involved f it up.

And always take into account the cost of living and tax rates involved. I'd guess an Embraer worker making 4.95 an hour in US dollars is living pretty well in relative terms.

OK all you college marxists. Fire away.

[USMCmech]

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Embraer's $ 4.95/hr

[/ QUOTE ]

That's decent money in Brazil.

BrianDJ can probably tell us what the equavilant is here, but my guess is that 4.95/hr is a good working class wage.

Was that 23/hr Canadian $s or US $s

$23 canadian probably equals $18 US