Boeing Makes Best-and-Final Contract
Offer to SPEEA

Market leading offer includes 5 percent annual salary increases
No increase in employee health care contributions
Increased pension basic benefit for current employees

SEATTLE, Jan. 17, 2013 /PRNewswire/ -- Boeing [NYSE: BA] today presented the Society of Professional Engineering Employees in Aerospace (SPEEA) union with its best-and-final contract offer, agreeing with the union's approach to extend the terms of the previous contract for current employees. The proposed four year contract would roll forward the current agreement, except for proposals explicitly agreed upon by both parties during negotiations.

Under this offer, all employees represented by SPEEA would see salary pools of 5 percent annually for the duration of the contract. The average professional engineer would see $84,071 in additional pay and performance-based incentive payments over the life of the agreement. The average technical employee would see $64,515 in additional pay and incentive payments.

"This is a market-leading offer by all measures – rewarding our employees for the contributions they make every day," said Mike Delaney, vice president of Engineering, Boeing Commercial Airplanes. "Agreeing to this contract as soon as possible will allow all of us to focus our time and energy on the immediate challenges facing the company."

Under the offer, the company's high quality health care plans would remain in place with no increase in employee contributions. For new hires only, an enhanced retirement savings plan is being proposed that would replace the traditional pension. Pensions for current SPEEA-represented employees would not be affected, and the pension basic benefit would be increased.

"Moving new hires to an enhanced retirement savings plan will provide future employees with a market-leading retirement plan -- while allowing Boeing to better manage retirement plan expenses, reduce financial risk and invest in areas critical to the success of our business," said Delaney.

Boeing and SPEEA have been in contract negotiations since last April. The current contract expired in October 2012.

Contact:
Doug Alder
Boeing Media Relations
206-544-1814
doug.alder-jr@boeing.com

SOURCE Boeing

After long, Many Months and hours of meetings
Boeing Offers The Best-and-Final Contract
to SPEEA and Highlights

The Boeing continues to innovate and execute on its programs for their future plan for the employees which is critical to a business like Boeing. The change to an enhanced savings plan is in line with market trends and practices of peer companies, and allows Boeing to better manage retirement plan expenses and reduce financial risk. At last, After long months after hours and hours of discussion with SPEEA Representatives and Boeing managements, The Boeing offered the best market leading benefts to the SPEEA EVEN in the mist of the lay off notice will go out to the some employees...SPEEA EVEN MENTIONED THAT The Best-and-Final Contract to SPEEA OFFER HAD IMPROVEMENT although SPEEA has the negetive reaction (Source Speea site)....I had conversation with some Boeing Engineers (prefer not mentioning their name), they are not for sure what is going on with the SPEEA they prefer to see our economic to receover soon. The Boeing keeps the high tech and the most compatible market resources including the professional engineers and the best skilled technical workers..THE OFFER HAS COME TO THE BETTER THAN THE CURRENT MARKET VALUE, SEE IN THE SITUATION OF COMPLICATION OF MEDICAL AND GLOBAL ECONOMIC TO RECOVER SITUATION.........IF JOB IS SECURE FOR YOU, YOU ARE IN GOOD SHAPE.....THINGS APPRECIATED AND with no COMPLICATION..WHEN SOME STILL LOOKING FOR JOBS AND STRUGGLING THE SUPPLIERS AND PARTNERS TRYING TO KEEP UP WITH THE ECONOMIC TO SUPPORT FOR CIRCLE AROUND AND AROUND THE WORLD......WE SHOULD SUPPORT EACH OTHER TO RECOVER ANY SITUATION. ENCOURAGE THE COMPANIES MOTIVATE THE COMPANIES TO EXPEND AND MAKE SUCCESS and recover the economic after all these complication of situation during the recessions and economic crisis.....DEMENDING FOR MORE AND MORE WILL CRASH THE COMPANY.....LIKE OTHERS WHO HAVE BANKRUPED AND NO MORE COMPANIES TO LEAD AND PAY THE EMPLOYEES....IT IS NOT JUST FOR BOEING, IT IS FOR MANY COMPANIES WHO ARE IN SUFFER AND IN PAIN DUE TO ECONOMIC CRISIS.

Meanwhile SPEEA council to meet Tuesday on sending contract for no / or accept The Best-and-Final Contract to SPEEA .

SPEEA is governed by an elected Executive Board and Council, but daily operations are handled by a professional staff and Executive Director. Union headquarters are in Seattle, with branch offices and union halls in Everett, Washington and Wichita, Kansas.

Boeing is the world's leading aerospace company and the largest manufacturer of commercial jetliners and military aircraft combined. Additionally, Boeing designs and manufactures rotorcraft, electronic and defense systems, missiles, satellites, launch vehicles and advanced information and communication systems. As a major service provider to NASA, Boeing is the prime contractor for the International Space Station. The company also provides numerous military and commercial airline support services. Boeing provides products and support services to customers in 150 countries and is one of the largest U.S. exporters in terms of sales.

Boeing has a long tradition of aerospace leadership and innovation. The Boeing continues to expand the product lines and services to meet emerging customer needs. The broad range of capabilities includes creating new, more efficient members of our commercial airplane family; integrating military platforms, defense systems and the warfighter through network-centric operations; creating advanced technology solutions that reach across business units; e-enabling airplanes and providing connectivity on moving platforms; and arranging financing solutions for our customers.

Earlier this week SPEEA offered Boeing a plan to extend the existing contract and include provisions upon which both sides agree.

Boeing sent the current offer directly to SPEEA members. Provisions include:

• Professional and technical workers would see salary pools of 5 percent annually for the duration of the contract. The average engineer would see $84,071 in additional pay and performance-based incentive payments over the life of the agreement. The average technical worker would see $64,515 in additional pay and incentive payments.

• Health care plans would remain in place with no increase in employee contributions.

• For new hires only, the company would offer an enhanced retirement savings plan, such as a 401k, that would replace the traditional pension. Pensions for current SPEEA-represented employees are unchanged except for an increase in the pension basic benefit.

"Over the past nine months, our team has negotiated in good faith to provide a market-leading offer to our employees," the company told employees.

Boeing and SPEEA have been in talks since April. On September 26th, 2012, SPEEA and Boeing Co. both have agreed that Professional and Technical and Boeing Contracts will be terminated as of midnight, November 25th, 2012 which refers to Article 23 of both of the current collective bargaining agreements between Boeing Company and SPEEA. With long hours of hours talking after, On January 17th, 2013, Boeing Finally has offered the the Best-and-Final Contract Offer to SPEEA. Market leading offer includes 5 percent annual salary increases, No increase in employee health care contributions, and Increased pension basic benefit for current employees.

SPEEA will mail the roughly 23,000 ballots next Monday; members would have 10 days to return the ballots, according to SPEEA spokesman Bill Dugovich. Ballot counting at SPEEA's Tukwila headquarters is tentatively set for Feb. 7. With global crisis and recovery session in all that now, overall media reports show that this offer is far better offer than the one Hostess was offered which the Hostess is now bankrupted in 2012 due to demending more benefits than what the company can manage with their finance.

Sources: Boeing SPEEA Negotiations website, wikipedia.org, and speea site, and Renton Reporter.com catch4all.com, Sandra Englund, January 18, 2013, Rev. January 22, 2013.

SPEEA Contract Highlights: Profs SPEEA Profs (48 months) –
Puget Sound/ Portland/ Utah/ California
January 11, 2013

On January 11th, 2012, Boeing made revision of Contract offer with Increased Salary Pool. The following statement is detailed infromation via Boeing Speea Negotiation site:

Today, Boeing presented a revised contract offer to SPEEA featuring increased salary pools for both engineers and technical employees.

Profs would see salary pools of 5 percent during the first two years of the contract and 4 percent in the last two years. Techs would see salary pools of 4 percent annually for the duration of the contract, with an additional lump sum payment equaling 1 percent of their salary in years one and two.

Under this revised offer, profs would average $85,600 in additional pay and performance-based incentive payments (EIP) over the life of the agreement. Techs would average $61,200 in additional pay and incentive payments.

Our proposals on health care (Washington, Oregon, California and Utah) and retirement remain unchanged from our pre-Thanksgiving offer.

Throughout these negotiations, our goal has remained the same — a market-leading contract that rewards employees while keeping the company and workforce competitive for future work. We've worked to resolve our differences with the SPEEA negotiations team, withdrawing many proposals that were important to the company. Since our initial offer back in September, we've shown considerable movement by increasing our salary proposal twice and revising our medical proposal to lower paycheck contributions.

We encourage you to visit the negotiations website where you'll find new fact sheets with all the details of the new offer, as well as an updated Pay & Benefits Estimator that shows what the offer means to you.

Boeing and SPEEA's negotiations teams have agreed to continue discussions next Wednesday.

Boeing Negotiations Team:
- Julie-Ellen Acosta, vice president, Human Resources, Commercial Airplanes
- Conrad Ball, Functional Engineering director, Boeing Military Aircraft
- Mark Burgess, chief engineer, Engineering, Operations & Technology
- Mike Delaney, vice president, Engineering, Commercial Airplanes
- Gene Woloshyn, vice president, Employee Relations, Boeing
- Todd Zarfos, vice president, Engineering - Commercial Aviation Services, senior chief engineer of Support

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The Professional Speea will have the Average $85,600 in additional pay and performance-based incentive payments (EIP) over the life of the new agreement when the new contract accepted.

Basically, the salary will be increased which It will be 5.0% salary adjustment fund in years 1 and 2 of agreement, 4.0% fund in years 3 and 4 meanwhile, it will be guaranteed salary adjustment for 2.0% in years 1 and 2, 1. 5% in years 3 and 4 and further more the 0.5%, promotion fund will be distributed for each year based on a new contract after the Professional Engineers have accepted a new contract.

Speaking of increased salary pay for a new contract, Emloyee Incentive Plan (EIP) will target 10 days of additional pay 4.0 % which is based on previews salary average for 2008 through 2012 contract agreement $45,000.

Technical Speea Average $61,200 in additional pay and performance-based incentive payments (EIP) over the life of the new which they would see agreement salary pools of 4 percent annually for the duration of the contract, with an additional lump sum payment equaling 1 percent of their salary in years one and two.

You may view the following links to see more detail for Professional Engineers and Technical Speea

The next meeting for Negotiations are scheduled to resume at 1 p.m., Wednesday, Jan. 16

Sources: Boeing SPEEA Negotiations website,and SPEEA. catch4all.com, Sandra Englund, January 14, 2013

FMCS Statement on Mediation Between the Boeing Company And the Society of Professional Engineering Employees in Aerospace

December 5, 2012:

WASHINGTON, D.C. - Federal Mediation and Conciliation Service Director George H. Cohen issued the following statement today on the ongoing labor negotiations between the Boeing Company and the Society of Professional Engineering Employees in Aerospace:

"At the request of the Federal Mediation and Conciliation Service, negotiations between The Boeing Company and the Society of Professional Engineering Employees in Aerospace (SPEEA), IFPTE Local 2001 are being suspended until after the first of the year. Both sides agreed to this mediator request." "In the interim, the FMCS will be in discussion with the parties to schedule resumption of negotiations." ###

The Federal Mediation and Conciliation Service, created in 1947, is an independent U.S. government agency whose mission is to preserve and promote labor-management peace and cooperation. Headquartered in Washington, DC, with 10 district offices and 67 field offices, the agency provides mediation and conflict resolution services to industry.

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Boeing continued to discuss with SPEEA, Wednesday. On September 26th, 2012, SPEEA and Boeing Co. both have agreed that Professional and Technical and Boeing Contracts will be terminated as of midnight, November 25th, 2012 which refers to Article 23 of both of the current collective bargaining agreements between Boeing Company and SPEEA. The contracts expired at midnight Sunday, Nov. 25, the majority of contractual protections stay in place while negotiations continue. The only provisions that do not stay in place are the no strike / no lock-out clause, dues deduction, arbitration rights and the management rights clause. Now it relays in working with FMCS (Federal Mediation & Conciliation Service) mediator, the both side agreed to the mediator that request to suspended until after the first of the year. You can view the PDF version of the FMCS statement.

With an agreement FMCS, Boeing and SPEEA also posted same statement with the above provided.

FMCS mediators, one of its most common tasks is to help to mediate labor disputes around the country. The headquarters is located in Washington, D.C. Its employees include certified mediators.

Sources: Boeing SPEEA Negotiations website,and SPEEA, wikipedia, and FMCS . catch4all.com, Sandra Englund, 12/6/2012

2012 SPEEA Negotiations Update
Update on Boeing's proposal for mediation in SPEEA talks

Nov 30, 2012:Boeing has been in contact with senior officials of the Federal Mediation and Conciliation Service (FMCS) in Washington D.C. The Deputy Director of the FMCS told Boeing that he would be available to meet with SPEEA and Boeing in Washington, D.C. beginning on Monday, December 3. Boeing accepted the invitation.

Boeing then asked SPEEA if they would attend. Unfortunately, SPEEA is declining to attend on Monday. We hope SPEEA will reconsider. We believe the involvement of senior officials of the FMCS is necessary to expedite the process. One of the FMCS' primary missions is to assist parties in collective bargaining who are unable to reach agreement after protracted talks.

Boeing and SPEEA have been in talks since April. The contract has expired. The dialogue during the meeting between the Boeing and SPEEA negotiating teams on November 29 demonstrated that the sides are far apart on the key economic issues. The time is right to ask for help from the experts at mediation, people who regularly get involved in high profile labor negotiations and who have a good track record of helping parties bridge their differences.

Given that SPEEA has declined to go to Washington, D. C. to meet with FMCS officials there, Boeing is prepared to invite an FMCS official to meet with the parties at a location in the Seattle area away from either Boeing's or SPEEA's facilities so the two parties can meet for concentrated periods of time singularly focused on trying to reach an agreement.

Boeing Negotiations Team:

- Julie-Ellen Acosta, vice president, Human Resources, Commercial Airplanes
- Conrad Ball, Functional Engineering director, Boeing Military Aircraft
- Mark Burgess, chief engineer, Engineering, Operations & Technology
- Mike Delaney, vice president, Engineering, Commercial Airplanes
- Gene Woloshyn, vice president, Employee Relations, Boeing
- Todd Zarfos, vice president, Engineering - Commercial Aviation Services, senior chief engineer of Support.
_____________________________________________

Federal Mediation & Conciliation Service Mission is to Promoting the development of sound and stable labor-management relations, Preventing or minimizing work stoppages by assisting labor and management in settling their disputes through mediation, Advocating collective bargaining, mediation and voluntary arbitration as the preferred processes for settling issues between employers and representatives of employees, Developing the art, science and practice of conflict resolution, and Fostering the establishment and maintenance of constructive joint processes to improve labor-management relationships, employment security and organizational effectiveness.

Meanwhile, on November 30th, 2012, Spirit AeroSystems and the Wichita Engineering Unit (WEU) reached tentative agreement for new contract: Negotiation Team are pleased to announce a tentative agreement was reached late Thursday (Nov. 29) for a new 6-year contract agreement.

The WEU Negotiation Team and the Bargaining Unit Council recommend members accept the offer. SPEEA members will vote on the offer Tuesday, Dec. 11, at Curtis Middle School (1031 S. Edgemoor).

Sources: Boeing SPEEA Negotiations website,and Yahoo , wikipedia, FMCS and SPEEA. catch4all.com, Sandra Englund, 12/1/2012

Hostess and Boeing

Hostess Brands, Inc founded in 1930 which the headquarters based in Irving, Texas, Hostess Brands has approximately 18,500 employees and operates 33 bakeries, 553 distribution centers, approximately 5,500 delivery routes and 527 bakery outlet stores throughout the United States.

Unfortunately, Over 82 years of company history now has been forced by a Bakers Union strike to shut down all operations and sell all company assets and defunct in November 21^st, 2012.

November 21, 2012 – Hostess Brands Inc. announced that the U.S. Bankruptcy Court for the Southern District of New York today approved its emergency interim motion for the orderly wind down of its business and sale of its assets. Judge Robert Drain approved the motion after the Company and the Bakery, Confectionary, Tobacco and Grain Millers Union (BCTGM) were unable to reach an agreement during 11^th-hour mediation on November 20^th, 2012.

Hostess Brands worked tirelessly to complete a reorganization of its business as a going concern, including spending the better part of 18 months negotiating with its key constituents to obtain a consensual agreement to lower costs to a sustainable level.

The Company had obtained the support of its largest union, the International Brotherhood of Teamsters, and its lenders. However, the BCTGM leadership chose not to negotiate a new labor contract and instead, when presented with a final offer, launched a campaign to cripple the Company’s operations and force it to liquidate.

The wind down means the closure of 33 bakeries, 565 distribution centers, approximately 5,500 delivery routes, 570 bakery outlet stores and the loss of 18,500 jobs.

The Society of Professional Engineering Employees in Aerospace(SPEEA) at Boeing and the 23,000 members of its two bargaining units, professional and technical workers should be careful how they negotiating. Keeping job is another main thing and sustainable jobs to consider. There are many unemployed employees are seeking for jobs. It is already The company's already offered its engineers pay raises of about 4.25% per year over the next four years. Its technical workers would get roughly a 3.25% annual bump. If you assume an annual inflation rate of 3%, Boeing has already stated that it's also lowered employees' out-of-pocket contributions for health care and eliminated hospital co-pays, among other concessions which it can be the most important to key constituents to obtain a consensual agreement to lower costs to a sustainable level which you do not want the wind down the companies one company after another.

With global crisis and recovery session in all that now, overall media reports show that this offer is far better offer than the one Hostess' union was offered due to demending more benefits what the company can manage the finance.

Source: Boeing, Speea, yahoo, and wikipedia catch4all.com, Sandra Englund, November 26, 2012