Retirement Planning

Some Large compnaies can have a greater majority workforce of hourly workers rather the normal workers that are salaried and those workers can be unionized.  The union has to accept any chance of a possible early retirement incentive for hourly workers. 

For example am extremely large company recently offered all their hourly workers a chance at early retirement so that the compnay could reduce costs in line with what was required for them to receive governement bailout support.  The union did accept offer so that more people in the industry could keep their jobs.  Approximately 12 percent of the worker accepted the early retirement incentive for hourly workers and by the way 12 percent is a very good response.