Posted on 09/02/2005 12:48:55 PM PDT by Righty_McRight
Don't be surprised if more of these jobs are moved overseas, to Japan or China.
Terrific timing, guys. Good job.
BA 64.4500 -1.5400 on the day
This is the contract they rejected.
http://www.boeing.com/news/releases/2005/q3/nr_050830g.html
Company's Best and Final Offer includes:
10% pension increase to industry-leading $66 per month per year of service
$15,400 additional total wages, lump sums and incentive pay over the life of the contract for employees in Puget Sound and Portland
5.5% wage increase over the life of contract through pay raise and cost-of-living adjustment
$6,000 in lump sum payments with opportunity for added $3,000 company match
5 days extra pay annually if Boeing meets business plan; opportunity for up to 15 days pay
Choice of health care plans, two with low-cost or $0-premium options
Yes it is. Boeing is sellign more planes hten they have in years. Their customers are warning them that they have to deliver on time or they will go airbus. This is a smart move by labor. I predict that boeing and the union will come to terms soon.
No, I mean terrific timing compared to all else that's going on in the country. So while the few people left in NOLA are afraid to venture outside to find food or water for fear of being murdered by roving gangs of thugs and hundreds of thousands of others have lost everything, these people have decided that they just can't live in their terrible lives working for Boeing.
I don't think they're gonna generate much sympathy.
Next to be heard.....OUTSOURCING.
Of course you have to give labor credit, they found a good time to shoot for the moon. Perhaps Boeing will let them run the company like United Airlines, er, how is UA doing these days?
Or perhaps a better example is General Motors. The union there has a very good contract. They won the contract with hard - tough negotiations. You gotta hand it to the unions, when it comes to getting their share, they know how to fight. (I only hope they know how to find new jobs quickly, they may need this skill down the road.)
So, there are a lot on this board who would hold that business has the right to do just about anything they can to increase profits. They say let the market decide.
These workers are doing just that. They are now think they are in a position to force management to give them more. They have that right. Because when you get right down to it we all sell. They are selling their labor to boeing. they are trying to up the cost and their margins.
We all sell something. They are selling their labor to boeing. They think they can make more for it. They have that right. I assure you if boeing became the only major passenger plane builder they would up their prices.
Democrat Unions. Country in crisis, major disaster, and they go on strike, damaging another sector and causing trouble when we need it least.
Modern unions have destroyed businesses, whole industrys, and personal lives.
They are truly dispicable, anti-American organizations.
Boeing will build it's planes elsewhere where it can compete with the French and Germans who subsidize their aircraft industry.
I would love to see all of these idiots lose their jobs.....and it is going to happen.
Just like the retarded unions. Economy's startin to turn a little, got some decent orders, Let's go on strike befor the weather gets cold..........
Yeah, that would all be well and good if Boeing had the "right" to say, "oh OK, I guess we'll hire other people that want to work for these wages then".
This is all about a government mandated marxist institution bludgeoning companies to death. Unions stand there doling out sucker punches while our government holds the victim down.
They can, many of these machinist are in at will states. Beside as for those not in those states The unions did the same thing business does. They lobbies government to establish law favoring it. Boeing and other do this all the time. What is good for the goose is good for the gander. This is the free market of labor at work.
How are these workers letting the market decide when they're unionized? They can offer shoddy work at comparatively exorbitant wages all b/c they belong to a group that companies are afraid to stand up to. Doesn't sound like market forces to me.
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