Posted on 09/24/2005 9:13:35 AM PDT by ConservativeStatement
Boeing's top airplane salesman apologized to customers yesterday for the "pain" caused by the Boeing Machinists strike, but said the company owed it to airlines to "hold out for a fair and reasonable settlement."
Scott Carson also delivered an unusual mea culpa for missteps Boeing made earlier in the decade that led the company to neglect international customers and fall behind its European rival, Airbus, in airplane sales.
(Excerpt) Read more at seattletimes.nwsource.com ...
...Unions - screwing productivity since 1867...
The unions aren't finished yet. Still lots more damage to do.
the ones on strike are the ones that cry manufacturing is going overseas
They will cut union workers wages so that the CEO and other salary people can have a bonuses and raises in the millions of dollars. Why is it no one ever says anything about this. I agree that some union workers are slackers, but try not to group us all into one blanket coverage.
ping
A huge part of the machinists complaints is a change to their healthcare. My wife just so happens to be in the claims and adjudications department of the insurance company that handles Boeing Employees, and is familiar with their health plans (old and proposed) inside and out.
She is just astounded that these...People have the sheer unmitigated gall to complain about their health plan, which even in it's proposed form is far and away superior to the one the health insurance company my wife works for extends to its own employees.
I work for a national cellular company (who won every JD Power award for wireless this year) and we have damn good health care...But nothing like the Boeing folks.
These people don't deserve the jobs they have. I wish in this one case, Boeing would just outsource the work to a country where the workers appreciate it and send these people packing. The unions need to stop holding their employers hostage.
No that is what the leadership is telling you. Unions are a scurge upon the free world, end of story.
No that has been my experience. Been there done that! I can't speak for these people in this union but wait and see if bonuses are paid for cutting wages.
Do we not live in a free country? Don't you have the freedom to go work somewhere else that doesn't employ CEO's like Boeing? Or is it the fact that you like having the unions negotiate on your behalf knowing that to do so on your own you probably wouldn't achieve as much? At least the CEO "who is getting the millions" negotiated his own contract, on his own terms, based on his own merits and at his own risk.
The problem with what you just said is that the Board of Directors (who are seating the next CEO) are voted on by the stockholders and represent them in what they do. If the stockholders don't like the actions of the BOD, they can vote them out at the next annual meeting.
Why do you think they are not worth that much? You are "worth" what someone is willing to pay for your services, just like in modern day sports. If you don't like the offer, offer your services somewhere else - that is what capitalism is all about.
Can you name me one company of significance that went bankrupt soley because they paid "a million bucks' for a new CEO? In all likelihood, the company was on the ropes before the new CEO and that was just another stupid decision following another.
If a company has the money and believes that the new leader will take the company to the next level - what is wrong with that person getting a fair pay for what they have to offer?
Cutting wages in a competitive market is a way of increasing productivity.
"CEO's still are not worth millions."
If you own stock in the company you are saying, "Yes they are."
"Its a waste of stockholders money."
It's not the stockholder's money until the BOD says it's their money.
A CEO of a multi billion dollar company that employs tens of thousands of people should make more than minimum wage.
It did... and I was forced to move on to bigger and better things. I worked for EDS and got the boot... fortunately the CEO did to a few years later.
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