this post was submitted on 24 Oct 2024
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Economics
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The article is missing why they rejected the 35% over 4 years. What do they actually want? Do they want 35% now? I'd also be interested to know how much money they are willing to lose if the strike costs Boeing 100M per day. Are the wages being asked significantly more than that? If they could raise 35% right now and it were to cost them 100M, then putting offers on the table that are likely to fail and losing 100M/day is just idiotic.
Just adding on: they used to have pensions up until 10 years ago when Boeing pulled them
From current and past Boeing employees I've spoken to, the pension was basically stolen from them with a slimy holiday vote. They don't want the 401k with zero matching, they want their pensions back and that's the line in the sand. Boeing is using their media clout and holding production jobs in Seattle and Everett hostage to scare people into taking the deal for another 7 years till the next vote. Moving jobs to SC where union enrollment is less or non-existent is the goal.
Boeing could pay them a 35% bump retroactive to the start of the year, guarantee them an inflation linked annual increase starting at 10%, and give them a beautiful pension.
They don't, because Boeing is run by money men now, and not engineers. Besides, it's not much a gamble when they can be confident in the worst scenarios, the workers get ordered back to work, or Boeing gets bailed out after losing all their money due to the strike. It's a win win win when your underlying goal is to not pay people what they're worth.
9% a year for the next four years doesn't even make up for the last four years of 'inflation'. I wouldn't take that deal either.
What do you mean? Boeing can bark orders how long and how loud they want, why would the workers return if their conditions aren't met?
It is a bit ambiguous, isn't it. To clarify, I'm talking about Boeing lobbying the government to end strike action and force the union to accept terms whether or not they want to.
It's happened in America, and it's happened in cold America.
What.The.Fuck
Shop floor at Boeing makes the same as a McDonald's cashier in Seattle.
Sounds like their boeing union issue... Good to see them finally acting like a proper union.
Iirc, a pension.