IAM
UNION VOTED
"YES"
UNION REACHED an AGREEMENT
WITH BOEING CO.
TIME TO MAKE THE PRODUCTION REGARDLESS
THE GLOBAL ECONOMIC IS WORSE THAN EVER
--------------------------------------------------------
SPEEA Main Table
Negotiations on Day 6
November 5, 2008
Wednesday,
Nov.5
SPEEA
negotiation teams primarily worked internally:
Developing
and refining counter proposals - previously presented by Boeing.
The
SPEEA adjusted presentation on Main Table session:
Respectful
dialog but no new agreements.
SPEEA's
counter proposal on Article 6
Continue
to seek improvements
Sick leave,
Adding bereavement
Improving
the maximum sick leave payout at retirement.
A
union counter proposal presentationtation on article 9
Deal
with the problems of contractors (non-Boeing labor).
Clarifying
a counter proposal on Letter of Understanding (LOU) 10:
related outsourcing.
Letter
of Understanding (LOU) 12:
Voluntary
layoff with benefits during times of employee surplus
(also discussed at Main Table).
SPEEA
continues to press for a layoff benefit:
Provides
one week of pay for each year of service
Boeing
provides hourly workers in Philadelphia and Wichita who
take a voluntary layoff during times of employee surplus.
The
company maintains it cannot provide one week for each year
for salaried, SPEEA-represented employees, as part of
this pilot program.
Boeing’s acceptance of this proposal would close out this
outstanding item from the 2005 negotiations.
A
counter from Boeing on SPEEA’s compensation proposal
is now expected Thursday. A discussion regarding employee
benefits, including medical plans and retirement issues,
is also tentatively scheduled for Thursday.
The
bargaining units include 20,300 Boeing employees in Washington,
Oregon, Utah and California.
Main
table negotiations for 700 engineers in Kansas remain
on
schedule to start Nov. 13.
SPEEA
is asking for improving
the maximum sick leave payout at retirement although the health
care cost expense is rising every year especially for the economic
crisis that we have.
Most
of the company have the problem with the health care cost. It
is becoming the major issues every company rising health care
cost. This issue becoming the most difficult situation due to
the marketing driven insurance cost. Even the medicare cost
is rising as well. Regardless the high cost expenses covering
by the Boeing Company, The Boeing health covers the most benefit
to the Boeing Employees like Mayoclinic program. Every Boeing
Employees take advantage of this regardless the where you working
even engineers. This is the tools that they can prevent and
encouraging the healthy life as giving the self assessments.
Recently all Boeing managers encouraged all the employees to
take self assesments and received the gift card when they are
finishing the self assessment.
This
health tool is more than the insurance cover and many of the
Boeing Engineers and employees take advantage on this. We can
take advantages using the Mayo Clinic program and improve our
health: It is nice that we can even figure out own Calculators
BMI, calculator Calorie calculator Heart disease risk calculator
LDL cholesterol calculator, Pregnancy due date calculator, and
Target heart rate calculator to prevent your own health.
It
is nice to find out how health insurance works and some helpful
tips on ways that you can help control the cost of health care.
The
Boeing Company is committed to absorbing most of the cost increases
for health care although the employees pay some share of this
cost, but the cost is far less than other companies pay at the
most large U.S. Companies.
The
health care spending is continues by several measures, health
care spending continues to rise at the fastest rate in our history.
In 2007, total national health expenditures were expected to
rise 6.9 percent -- two times the rate of inflation.1 Total
spending was $2.3 TRILLION in 2007, or $7600 per person1. Total
health care spending represented 16 percent of the gross domestic
product (GDP).
Here
are some facts that The Impact of Rising Health Care Costs:
|
National
surveys show that the primary reason people are uninsured
is the high cost of health insurance coverage |
|
Economists
have found that rising health care costs correlate to
drops in health insurance coverage. |
|
Nearly
one-quarter (23 percent) of the uninsured reported changing
their way of life significantly in order to pay medical
bills. |
|
In
a Wall Street Journal-NBC Survey almost 50 percent of
the American public say the cost of health care is their
number one economic concern. |
|
One
in four Americans say their family has had a problem
paying for medical care during the past year, up 7 percentage
points over the past nine years. Nearly 30 percent say
someone in their family has delayed medical care in
the past year, a new high based on recent polling. Most
say the medical condition was at least somewhat serious. |
|
A
new survey shows that more than 25 percent said that
housing problems resulted from medical debt, including
the inability to make rent or mortgage payments and
the development of bad credit ratings.. |
|
According
to a recent report, the United States has $480 billion
in excess spending each year in comparison to Western
European nations that have universal health insurance
coverage. The costs are mainly associated with excess
administrative costs and poorer quality of care. |
Looks
like there are no single solution to health care’s high price
tag. What we do know is if the rate of escalation in health
care spending and health insurance premiums continues at current
trends. The national survey shows that the cost of inaction
will severely affect employer’s bottom lines and consumer’s
pocketbooks. The worst thing is KC-767 Tanker deal, $35.00 Billions
distructed Boeing's plan which have been excited producing the
suppliers, partners, engineers, Mfg technicians plan to have
so much to add on to the Boeing's benefit packages. Air Force
KC-X budget plan have been push to a new President-Elect Obama
Barack's 2010 budget which gave the less share value plan for
the Boeing Company. Until the sustaining procurments making
the productions, the share value is not going to be added to
all stake holders and to the employees... around the world.
The release
quoted Gates, saying that “It is my judgment that in the time
remaining to us, we can no longer complete a competition that
would be viewed as fair and objective in this highly charged
environment. The resulting ‘cooling off’ period will allow the
next Administration to review objectively the military requirements
and craft a new acquisition strategy for the KC-X.”
The worst
case is today's U.S. Stocks Tumble in Market's Worst Two-Day
Slump Since 1987, after jobless claims jumped and the shrinking
economy crushed earnings at companies from Blackstone Group
Inc. to News Corp include the Boeing Company. The Boeing stock
slumped more than $40. share from $90 since November last year:
Boeing Stock Nov. 2007 to Nov. 2008
S&P 500
energy companies lost 6.1 percent as a group, as oil declined
for the third time this week. Crude for December delivery retreated
6.9 percent to $60.77 a barrel, the lowest settlement since
March 2007.
There is
going to have Global Crisis meeting in Washington mid November
this year with the global leaders around the world. Many speeas
are wanting to see the production going before the worst case
happen and make the share value grow and support the Global
Crisis.
Provided
by Sandra Englund, November 5th, 2008
Referernce:
Mayo
Clinic
Health
Care Costs
FACTS
ON HEALTH CARE COSTS
U.S.
Stocks Tumble in Market's Worst Two-Day Slump Since 1987
SPEEA
update
FLASH:
NO Tanker RFP Til Next Admin
SPEEA.org
----------------------------------------------------------------------------------------------------------
The
Boeing has the most advanced edcuation program and management
development program via LTD (1) Besides the most compatible
benfits the Boeing have, the Boeing also offers unique benefit
like - if you receive a layoff notice and you are eligible to
retire. The Boeing Company considers that it is very important
to understand how the alternative employees to choose would
affect the employees' benefits. if you resign than if you retire:
1.
How the classification of your departure will affect your
benefits.
2. Eligibility criteria for Boeing pension benefits.
3. Sources for more information.
More
details you can "Summary of Your Benefits When You
Leave The Boeing Company" 3)
SPEEA
is concern about the out sourcing, but we need to understand
how the Boeing 787 is making.
The Boeing 787 assamblies put together for the most fuel efficiency
airplane in Everett Mfg Boeing: It allows the Boeing to create
a production flow around the world that is very efficient which
will make more compatible for the world market driven and to
compete, you can see the following image how the 787 Everett
assemblies putting together with the harmonized global level
and that is how the strong market driven with the more emphasis
of Green
Environment:
|
A330
to A380 cases are worse case for the Boeing which is driven
by unfair EU subsidies for the Boeing Company and for the world
global market which has destructed global hamonized balance
and world market crashed and see what is going on around the
world. WTO had panel regarding the Airbus unfair EU subsidies
in 2007 (6) (7), yet It is still to be resolved....WTO is working
very hard on this to resolve this against UNFAIR EU SUBSIDIES.
The Boeing has been suffered over 37 years, yet to be resolved
by the WTO for this case, the panel to be scheduled. The world
market has been crashed with the unknown driven subisides...and
the global bank is also in a critical situation to be adjusted.
The world leaders to see in Washington soon in November to discuss
about the global market to support. Regardless all of these,
the Boeing is still the world best known company FOR WORK AND
BENEFITS ARE COMPATIBLE LIKE SO MANY UNEMPLOYEES ARE LOOKING
FOR THE BOEING JOBS.
Reported
by Sandra Englund, Catch4all.com, November 3rd, 2008
Resources:
1)
Boeing Learning Center: National Archives
2) Boeing
Leardership Center
3)
Summary of Your Benefits When You Leave The Boeing Company
Boeing Benefits website:
Boeing Benefit website:
internal website
4) Boeing
787: Parts from around world will be swiftly integrated
5) Boeing
Closer to Assembling First 787 Dreamliner
6)
2007: Notice of second public meeting in the WTO Dispute
7)
The global market continues distorting by The Airbus - EU Subsidies
for Large Commercial Aircraft
The
Boeing Environmental Report 2008
Resouce:
speea.org
|
Tuesday,
Nov. 5
The
fifth day of Main Table negotiations:
Non-economic issues, outsourcing.
Made some progress and clarification
SPEEA
is waiitng for Boeing's response.
Company
negotiators countered SPEEA proposals:
Non-Boeing
labor and contractors, Article 9;
Employment stabilization : Letter of Understanding (LOU) 10.
Boeing is in working to process of developing
“We
appreciate the effort,” said SPEEA Professional Team Chair Dave
Patzwald. “Our members want the ability to provide their engineering
and technical expertise so that the resulting decisions regarding
outsourcing are sound.”
The
two sides continue to work issues regarding:
A pilot program to allow employees to take voluntary layoff
in
times of employee surplus.
While
the majority of the plan is acceptable, the union
continues to press for the best plan for members.
Voluntary
layoff is an issue remaining from the 2005 negotiations.
A
discussion regarding employee benefits, including:
Medical
plans and retirement issues, remains pending.
Negotiations to secure new contracts for SPEEA Professional
and Technical units resume Wednesday morning.
The
bargaining units include 20,300 Boeing employees in Washington,
Oregon, Utah and California.
Main
table negotiations for 700 engineers in Kansas remain
on schedule to start Nov. 13.
Provided by Sandra Englund, November 4th, 2008
Referernce: speea.org
----------------------------------------------------------------------------------------------------------
The
Boeing has the most advanced edcuation program and management
development program via LTD (1) Besides the most compatible
benfits the Boeing have, the Boeing also offers unique benefit
like - if you receive a layoff notice and you are eligible to
retire. The Boeing Company considers that it is very important
to understand how the alternative employees to choose would
affect the employees' benefits. if you resign than if you retire:
1.
How the classification of your departure will affect your
benefits.
2. Eligibility criteria for Boeing pension benefits.
3. Sources for more information.
More
details you can "Summary of Your Benefits When You
Leave The Boeing Company" 3)
SPEEA
is concern about the out sourcing, but we need to understand
how the Boeing 787 is making.
The Boeing 787 assamblies put together for the most fuel efficiency
airplane in Everett Mfg Boeing: It allows the Boeing to create
a production flow around the world that is very efficient which
will make more compatible for the world market driven and to
compete, you can see the following image how the 787 Everett
assemblies putting together with the harmonized global level
and that is how the strong market driven with the more emphasis
of Green
Environment:
|
A330
to A380 cases are worse case for the Boeing which is driven
by unfair EU subsidies for the Boeing Company and for the world
global market which has destructed global hamonized balance
and world market crashed and see what is going on around the
world. WTO had panel regarding the Airbus unfair EU subsidies
in 2007 (6) (7), yet It is still to be resolved....WTO is working
very hard on this to resolve this against UNFAIR EU SUBSIDIES.
The Boeing has been suffered over 37 years, yet to be resolved
by the WTO for this case, the panel to be scheduled. The world
market has been crashed with the unknown driven subisides...and
the global bank is also in a critical situation to be adjusted.
The world leaders to see in Washington soon in November to discuss
about the global market to support. Regardless all of these,
the Boeing is still the world best known company FOR WORK AND
BENEFITS ARE COMPATIBLE LIKE SO MANY UNEMPLOYEES ARE LOOKING
FOR THE BOEING JOBS.
Reported
by Sandra Englund, Catch4all.com, November 3rd, 2008
Resources:
1)
Boeing Learning Center: National Archives
2) Boeing
Leardership Center
3)
Summary of Your Benefits When You Leave The Boeing Company
Boeing Benefits website:
Boeing Benefit website:
internal website
4) Boeing
787: Parts from around world will be swiftly integrated
5) Boeing
Closer to Assembling First 787 Dreamliner
6)
2007: Notice of second public meeting in the WTO Dispute
7)
The global market continues distorting by The Airbus - EU Subsidies
for Large Commercial Aircraft
The
Boeing Environmental Report 2008
Resouce:
speea.org
|
Monday,
Nov. 3
Compensation
dominates discussion at Main Table negotiations on Day 4
SPEEA
and Boeing negotiation teams on counter proposals, the afternoon
session produced a pointed exchange regarding SPEEA’s proposal
on Article 11 and compensation.
SPEEA
negotiators gave a complete presentation on compensation:
Examples
to illustrate the need for each proposed change.
Compensation proposals originally outlined to Boeing in
September,
SPEEA seeks market-leading wages,
Increase to the Professional overtime rate,
Compensation for employees required to be on-call
A meaningful cost-of-living-adjustment (COLA).
Morning
session Proposals to Boeing:
Vacation,
sick leave, holidays and bereavement leave.
The proposals involved contract Articles 5, 6 and 7 were unchanged
from the documents the company rejected on Thursday.
SPEEA
Executive Director and Chief Spokesperson Ray Goforth said:
“Our expectation is that these will be taken seriously this
time.” Reviewing some of the company data outside of Main Table,
SPEEA staff uncovered that Boeing’s original presentation on
the issues miscalculated employee use of non-industrial time
off.
After hearing the union’s concerns, Boeing agreed to the
majority of union proposals on sick leave language in Article
6.
SPEEA's
One major Concern: If removing Utah engineers from the Professional
bargaining unit.
Main
Table - Boeing offer:
To
create a pilot program to allow some employees an option to
apply for a voluntary layoff during employment surpluses.
The offer had several differences from the original SPEEA
proposal, but represented great progress.
SPEEA team is reviewing the Boeing material and developing
a counter proposal.
Boeing
discussion on Monday: Employee
benefits, including medical plans and retirement issues
The
SPEEA teams continue to refine proposal.
Union
presentation on compensation, including our proposals for
general wage increases
A meaningful cost-of-living-adjustment (COLA).
Outsourcing
and the use of contractors continues to be discussed:
Reacting to SPEEA concerns on outsourcing and the treatment
of workers in other countries,
Boeing said it is refining its offers on Article 9, dealing
with contractors, and LOU 10, regarding outsourcing.
Negotiations
to secure new contracts for SPEEA Professional and Technical
units resumed at 9 a.m., Monday. The bargaining units include
20,300 Boeing employees in Washington, Oregon, Utah and California.
Main
table negotiations for 700 engineers in Kansas remain
on schedule to start Nov. 13.
The
Boeing has the most advanced edcuation program and management
development program via LTD (1) Besides the most compatible
benfits the Boeing have, the Boeing also offers unique benefit
like - if you receive a layoff notice and you are eligible to
retire. The Boeing Company considers that it is very important
to understand how the alternative employees to choose would
affect the employees' benefits. if you resign than if you retire:
1. How
the classification of your departure will affect your benefits.
2. Eligibility criteria for Boeing pension benefits.
3. Sources for more information.
More
details you can "Summary of Your Benefits When You
Leave The Boeing Company" 3)
SPEEA
is concern about the out sourcing, but we need to understand
how the Boeing 787 is making.
The Boeing 787 assamblies put together for the most fuel efficiency
airplane in Everett Mfg Boeing: It allows the Boeing to create
a production flow around the world that is very efficient which
will make more compatible for the world market driven and to
compete, you can see the following image how the 787 Everett
assemblies putting together with the harmonized global level
and that is how the strong market driven with the more emphasis
of Green
Environment:
|
A330
to A380 cases are worse case for the Boeing which is driven
by unfair EU subsidies for the Boeing Company and for the world
global market which has destructed global hamonized balance
and world market crashed and see what is going on around the
world. WTO had panel regarding the Airbus unfair EU subsidies
in 2007 (6) (7), yet It is still to be resolved....WTO is working
very hard on this to resolve this against UNFAIR EU SUBSIDIES.
The Boeing has been suffered over 37 years, yet to be resolved
by the WTO for this case, the panel to be scheduled. The world
market has been crashed with the unknown driven subisides...and
the global bank is also in a critical situation to be adjusted.
The world leaders to see in Washington soon in November to discuss
about the global market to support. Regardless all of these,
the Boeing is still the world best known company FOR WORK AND
BENEFITS ARE COMPATIBLE LIKE SO MANY UNEMPLOYEES ARE LOOKING
FOR THE BOEING JOBS.
Reported
by Sandra Englund, Catch4all.com, November 3rd, 2008
Resources:
1)
Boeing Learning Center: National Archives
2) Boeing
Leardership Center
3)
Summary of Your Benefits When You Leave The Boeing Company
Boeing Benefits website:
Boeing Benefit website:
internal website
4) Boeing
787: Parts from around world will be swiftly integrated
5) Boeing
Closer to Assembling First 787 Dreamliner
6)
2007: Notice of second public meeting in the WTO Dispute
7)
The global market continues distorting by The Airbus - EU Subsidies
for Large Commercial Aircraft
The
Boeing Environmental Report 2008
Resouce:
speea.org
|
|
CANCELLATION
- THEN, THE BOEING NEEDS TO LAY OFF WITH NO PROGRAMS/CONTRACT
FROM THE CUSTOMERS
|
|
UNITED
AND STAND TOGETHER !!
Support
the economic to recover.
GLOBAL
ECONOMIC COULD BE SEVERE and LONG:
IT HAS BEEN GROWING FEAR
STOP STRIKE !!
|
|
Global
Economic growing fear :
Global recession could be severe:
October 24, 2008:NEWS
|
|
|
|
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. |
|
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.
Rev7
October 30th, 2008,
Rev6 October 29th, 2008 Rev5
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:
SPEEA
Website
IAM website
Glenn
Back- What's Coming
wikipedia
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