The key stumbling block seems to be that Boeing eliminated an employee pension plan 10 years ago and won’t bring it back. Hence the demands for significant pay raises to offset the loss of retirement benefits.
Remote-Ad-2686 on
I get it but sometimes you gotta take what you can get and realize the company will never bring it back. It’s up to them and I support the union.
Icy_Gas1596 on
I’m looking forward to everyone applying and accepting whatever they are offered because they realize a job is a job especially when other companies are conducting mass layoffs
weh1021 on
Demand real hike and then connect raise to inflation, make it 5% higher so it’s automatically adjusted.
RB5Network on
Maybe Boeing’s CEO will make $60 million rather than that messily $45 million last year or so! Good for him. As far as the others who do the actual work, fuck em! Who needs em right?
massotravler on
Also Boeing didn’t negotiate with the union on this issue. So it’s dead in the water.
11 Comments
The key stumbling block seems to be that Boeing eliminated an employee pension plan 10 years ago and won’t bring it back. Hence the demands for significant pay raises to offset the loss of retirement benefits.
I get it but sometimes you gotta take what you can get and realize the company will never bring it back. It’s up to them and I support the union.
I’m looking forward to everyone applying and accepting whatever they are offered because they realize a job is a job especially when other companies are conducting mass layoffs
Demand real hike and then connect raise to inflation, make it 5% higher so it’s automatically adjusted.
Maybe Boeing’s CEO will make $60 million rather than that messily $45 million last year or so! Good for him. As far as the others who do the actual work, fuck em! Who needs em right?
Also Boeing didn’t negotiate with the union on this issue. So it’s dead in the water.
Edited to add link to district lodge 751. https://www.iam751.org/?zone=/unionactive/private_view_page.cfm&page=IAM2FBoeing20Contract202024
They could definitely pay for the pension by issuing some stocks
These are the guys that can’t build aircraft right?
I think they should be required to undergo training again then maybe negotiate with the union on salary and benefits.
30% seems like a lot until you see the spread and realize its not.
What was their _total compensation including benefits_ ten years ago compared to now, adjusted for inflation.
I bring this up specifically because they used to have a pension, and don’t any more.
The raise should be more than enough to cover both inflation _and_ the compensation equivalent they lost when they lost their pension.
The union is destroying Boeing. Making terrible products and want raises.