The Machinists Approved The Best and Final Offer Boeing Contract by 74%; After 57-Days Strike Ended

 

The International Association of Machinists and Aerospace Workers (IAM) announced today that its members voted to ratify a new 4-year contract with the Boeing Company by 74 percent.

The new agreement covers 27,000 IAM members at Boeing facilities as the follow:

Washington, Oregon, Kansas and California, and ends a strike that began on September 6, 2008.

Machinists will begin returning to work as early as November 2 (for third shift employees)

 

and November 3 for first and second shift employees.
 

Per the Settlement Agreement, members have until the beginning of their shift on Monday, November 10 to return to work.

Boeing's Best and final contract is for the next four years.

"Our Union has delivered what few Americans have - economic certainty and quality benefits for the next four years. Each of you stood up and did your part to win this battle," said District 751 President Tom Wroblewski. "Your solidarity brought Boeing back to the table and made this Company address your issues. After 57 days of striking, we have gained important and substantial improvements over the Company's offer that was rejected on September 3. I am proud to be a member of the Machinists Union and want to thank our members for their solidarity and commitment."

"This contract gives the workers at Boeing an opportunity to share in the extraordinary success this Company has achieved over the past several years," said Aerospace Coordinator Mark Blondin.
"It also recognizes the need to act with foresight to protect the next generation of aerospace jobs. These members helped make Boeing the company it is today, and they have every right to be a part of its future." Among the many job,

Among the many job security gains, the Union reasserted its jurisdiction over the scope of work of bargaining unit represented jobs that was lost in the 2002 contract. The Union members' share of medical costs will remain unchanged from 2002 through 2012. In addition to the many monetary gains achieved in the new contract, the takeaway language that was riddled throughout the Company's 9/3/08 proposal was withdrawn - retiree medical is preserved, survivor benefits are returned, reinstatement of seniority lost due to layoff is returned, promotional rights restored and the list goes on.

As part of the Settlement Agreement, the Union negotiated insurance and benefits will be considered continuous for all returning employees and their dependents. The Company will return all insurance premiums that were paid during the strike and all valid insurance claims will be paid.

Many are glad that the Union Strike is ended. They are Anxious going back to work and get paid in full at the Boeing Company.

Detailed information may refer to: www. goiam.org or www.iam75.org

Reportd Catch4all.com, Sandra Englund, November 1st, 2008

 

The UNION WANT VOTE FOR
"YES"
UNION REACHED an

AGREEMENT WITH BOEING CO.
TIME TO MAKE THE PRODUCTION

INCREASE YOUR SHARE VALUE

Proposed2008Contract Settlement
Click to see the Proposed 2008 Contract Settlement
Between IAM&AW Districts 24, 70 & 751 and Boeing

Information on Voting the Tentative Agreement

 

When: November 1st, Saturday

8 a.m. to 6 p.m

What: Pick up strike checks and VOTE

The vote only needs 50 % plus one to either accept the offer or reject the offer

Return To Work: Monday, November 3rd

Sunday night for 3rd shift members

(If the offer is ratified: Members typically have 14 days to return to work after a contract is ratified)

Where:

Green River Community College
(12401 SE 320th St, Auburn)

751 Seattle Union Hall
(9135 15th Pl S, Seattle) and

Evergreen Fairgrounds
(14405 179th Ave SE, Monroe)

Volunteers to Contact:

Kewanda Hobbs at 206-764-0302,
Heather Barstow at 206-764-0357
email Kewanda at kewandah@iam751.org

The morning shift (7:30 a.m. to 1 p.m.)
The afternoon shift (1 p.m. to 6:30 p.m.).

Keep in mind until a contract is ratified, members still need to continue serving picket duty

see the following for a
brief synopsis of highlights of the tentative agreement


Boeing, IAM Reach Tentative Agreement on New Contract

SEATTLE, Oct. 27, 2008 -- Boeing [NYSE: BA] and the International Association of Machinists and Aerospace Workers today reached tentative agreement on a new four-year contract covering 27,000 employees in Washington, Oregon and Kansas. Union leadership is recommending that employees vote to ratify the contract.

The company retained the flexibility necessary to manage its business, while making changes to the contract language to address the union's issues on job security, pay and benefits. The offer provides general wage increases every year and increases pension benefits. In addition, Boeing is proposing no changes to the cost share employees currently pay for a selection of outstanding health care plans.

"This is an outstanding offer that rewards employees for their contributions to our success while preserving our ability to compete," said Scott Carson, president and CEO of Boeing Commercial Airplanes. "I thank both negotiating teams and the federal mediator for their hard work and commitment in reaching this agreement. We recognize the hardship a strike creates for everyone -- our customers, suppliers, employees, community and our company -- and we look forward to having our entire team back."

By mutual agreement, details of the agreement will be released first by the union. If employees vote to approve the offer, it will end the strike by approximately 27,000 employees in Washington, Oregon and Kansas.


UNITED AND STAND TOGETHER !!

Support the economic to recover.

GLOBAL ECONOMIC COULD BE SEVERE and LONG:
IT HAS BEEN GROWING FEAR

STOP STRIKE !!

CANCELLATION - THEN, THE BOEING NEEDS TO LAY OFF WITH NO PROGRAMS/CONTRACT FROM THE CUSTOMERS



Global Economic growing fear :
Global recession could be severe:
October 24, 2008:NEWS


Global Economic Growing Fear





Glenn Beck describes the economy will get worse.
Let's just hope that there are no layoff at Boeing.
LOOK AROUND THE CURRENT AND FUTURE SITUATION
IT IS WISE GOING BACK TO WORK AT BOEING BEFORE IT GETS WORSE. LETS HOPE THERE ARE NO LAY OFFS AT BOEING COMPANY.




Click to see the Video

Global CrisisBeforeNov_15_08WashingtonSummit




 

The community leaders, employees' families, and the tax payers want end the strike. The Boeing is the main industry to maintaining the global economic. Your profit share has to grow. Many are already complaining that the IAM strike is hurting their families and communities. How can the Boeing trust and rely on IAM if the IAM continue to strike every time new contract is there regardless the Boeing Company offered the best and the most compatible labor contract.

The Boeing may have to consider this situation very seriously for this case. The Boeing Company should make the urgency call for out-sourcing in order to meet the customers' schedule if the strike is continue.

Although IAM continues not to cooperate with the economic situation and with the circumstances: IAM is continue to wait: see the following Strike Update from IAM, dated October 25, 2008 and October 26, 2008. Although, I am is now tentetively agreed on October 27, 2008.

Strike update - October 25, 2008 Union negotiators continued meeting with the federal mediators and Company negotiators throughout Saturday and into the evening with additional talks scheduled for Sunday. As previously reported, no details of the talks will be available until this round of talks have concluded.

Strike Update - October 26, 2008 Contract talks continued late into the evening Sunday and will resume first thing Monday morning. No details will be released until this latest round of contract talks have concluded.

Update October 27, 2008 - Machinists in Tentative Deal with Boeing

The International Association of Machinists and Aerospace Workers (IAM) announced today that it reached a tentative agreement with the Boeing Company on a contract that will provide job security for its members and limit the amount of work outside vendors can perform in the workplace.

The agreement was hammered out over a five-day period with assistance from federal mediators and participation at the bargaining table by IAM International President Tom Buffenbarger and IAM General Vice President Rich Michalski. Additional resources and technical support was provided by various departments at IAM headquarters.

Job security and the use of vendors were key issues in the strike that began on Sept. 6, 2008. Among the other issues resolved in the latest round of bargaining were wage rates, health care benefits for current and future employees, pension improvements and work rule changes designed to improve productivity.

Full details of the 4-year accord will be withheld until they can be compiled and distributed to IAM members in all Boeing locations.

The tentative agreement has the unanimous endorsement of the IAM negotiating committee and will be presented to members for a ratification vote, which will take place in 3-5 days. A simple majority is required to ratify the tentative agreement.

"After 52 days of striking, we have gained important and substantial improvements over the Company's last, best and final offer that was rejected on September 3rd. Your solidarity brought Boeing back to the table and made this Company address your issues," stated District 751 President Tom Wroblewski. "Each of you stood up and did your part to win this battle, which was a fight against more than just Boeing, but against corporate America. Boeing is profitable because of our members' hard work and by standing together our members ensured they receive a bigger share of those profits."

"This tentative agreement is the result of hard work and great sacrifice by many people," said IAM Aerospace Coordinator Mark Blondin. "But no one deserves more credit than the workers at Boeing, who conducted themselves with dignity and determination throughout this ordeal. On behalf of the entire negotiating committee, I want to say it has been our honor to serve as their representatives.".


One thing we all should understand what is the customers requirements. It is strickly by the customer driven contract. If the customer provide enough money to allocating for the workers by the market driven. We should be able to see the job security within the program as long as the program is sustainining. The procurement must sustaining then, job security would be appropriate by the customers requirement. We should be able to make the
Product everyday. Without the product, there are no job security. When the productivity is grow then, the job will be secure as long as the Boeing products: "quality goods and services" are delivered and continue to making the products. The Job security should be driven by the customers procurement "Sustaining".

 

We all are expected to see STOP STRIKE and support the ECONOMIC CRISIS and GLOBAL ECONOMIC CRISIS !!!!!!!

 

THAT MEANS, PLEASE GO BACK TO WORK AND GET PAID FULL PAY BY THE COMPANY: The Boeing Company that you can increase your production: share value and benefits.

Here is one of the good examples that we want to share : see on 787 operations: The circumstance need significant changes needed due to the strike and if it continues....

The companies and other labors needs strong back up to support the customers to meet the customer schedule......

Click to see more detail

Photo Credit: FlightBlogger - June 2008. Dreamliner Five, Six, Seven and Eight at Vought Aircraft Industries in North Charleston, SC.
"In response to the Boeing IAM strike, we have modified our operations and reached an agreement with Boeing to minimize impacts on our operating results, working capital and liquidity," said Steve Davis, vice president and general manager, Vought Commercial Aerostructures Division. "In addition, we have put in place our contingency plan in response to the Nashville strike."

Vought Aircraft Industries is responsible for the fabrication of aft fuselage Sections 47 and 48 of the Boeing 787 Dreamliner in North Charleston, SC.

Vought Aircraft Industries is responsible for the fabrication of aft fuselage Sections 47 and 48 of the Boeing 787 Dreamliner in North Charleston, SC.

In addition, over the next 30 days, Vought will be reviewing a number of additional contingencies including possible temporary shut down of the entire North Charleston facility

 

 

"This is a challenging time for all of us who support the Dreamliner program," said Joy Romero, vice president and general manager, 787 Program. "Since the beginning of the Boeing strike, we've been looking at ways to mitigate potential employee job loss in North Charleston, including the initial reduction of outside contract labor. We plan to work with our employees to identify temporary redeployment opportunities at other Vought locations, where possible."

Click to see more detail

 

The strike will cost Boeing about $100 million in revenue per day and knock about 1 cent per day off earnings per share, Longer strike will employees' share value will go down and reducing own values and even reducing the other benefits as well due to the production issues, according to Wall Street analysts. The walk-out by the IAM is the fourth at Boeing in 20 years. The union struck for 48 days in 1989, 69 days in 1995 and 28 days in 2005. In 2002, a contract was adopted by default, as it was rejected by workers but fewer than two-thirds approved a strike. As we all know about this, Regardless the economic crisis and minus profit for 2008 Boeing's earning, the Boeing offered the BEST AND FINAL Boeing's "best and final" contract offer this time around was delivered to union members 46 days ago, proposing an 11 percent wage increase over the three-year life of the contract, a one-time lump sum and ratification bonus.

You will be able to see the detailed benefits via the company online calculator suggests that health care accounts for about 12 percent of that total, and pensions 6 percent.

IAM, October 22nd, 2008, stated that "Despite the turmoil and financial conditions of Wall Street, Boeing remains highly profitable with a record $349 billion backlog (up 7%). "

Boeing and the International Association of Machinists and Aerospace Workers (IAM) agreed late Monday to return to the bargaining table Oct. 23 under the auspices of federal mediators to resolve a strike that will be in its 47th day by then.

BACK LOG DOES NOT CALCULATES THE PROFIT UNTIL YOU HAVE THE PRODUCTION AND DELIVER THE AIRPLANES.

Many community leaders believe that the IAM is not being fair to the Boeing Company. KC-X tanker contract has been canceled until the next year's budget. The economic is very bad, unemployment rates are growing however, the Boeing Company has offered the most and best labor contract. The jobless people want to have job at Boeing.

We the communities and tax payers want the strike to be ended as soon as possible and support the economic to recover.

 

THE Boeing stock market down more than 35 per share since April, 2008
Yet, The Boeing BEST AND FINAL OFFER WAS OFFERED 11 PERCENT INCREASED SINCE LAST CONTRACT



The Boeing stock market had big drops and big down more than 30 shares from 78 since. The economic is bad and analysts are not optimistic yet: credit and bank loan crises include global inflation, we all should consider families, communities and country and global market to recover.

Look around the situation what's look like the economy. IAM also understand the situation that the Boeing would had more manufacturing job opening for more than 50 state: “Awarding this contract to Boeing would preserve a key a manufacturing sector and provide real economic stimulus for Boeing workers, vendors and communities in at least 30 U.S. states,” said IAM President Tom Buffenbarger."

This is not the time to asking for impossible stuff to asking. It is time to support the families, communities, country and suppliers and partners, and the Boeing customers who are loyal to the Boeing Company regardless the economic down turn. Be thankful you have a job at Boeing, the best company in the World.

The 2008 Pay & Benefits Profile update is available via
online Total Access.

Revised October 28, 2008, Revised October 27, 2008, Revised October 26, 2008,Rev 4, October 25, 2008, Rev 3, October 24th, 2008. Rev 2, October 22nd, Rev 1. October 9th, 2008

ON BEHALF OF COMMUNITIES AND ALL ....

Sandra Englund, Community Leader, Community Advocator

Source:

IAM website

Glenn Back- What's Coming

wikipedia

EDGAR online

Boeing News

Boeing Negotiation

Yahoo.com

Wall Street News

Flight Blogger


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