cross-posted from: https://lemmy.world/post/21202408
From the article:
Boeing workers on the West Coast of the United States have voted to reject the aircraft giant’s latest contract offer and extend their nearly six-week strike.
Nearly two-thirds of workers rejected the offer, which included a 35 percent wage rise over four years but did not restore a defined pension plan sought by many employees, the Seattle branch of the International Association of Machinists and Aerospace Workers union said on X.
About 33,000 workers have been on strike since mid-September when union members overwhelmingly rejected Boeing’s proposal for a new four-year contract.
On Wednesday, the company reported a third-quarter loss of more than $6bn.
I would like the pay in dollars, not percent change. Also need CEO’s pay.
Hard to evaluate otherwise.
CEO pay means nothing at this scale. I get it though, it’s a big number, easy to point at and scream.
I did the math on American Airlines last year and if they paid the CEO nothing, that would give every worker an additional $.19/hr.
Thank you. I hear that a lot, but I have issues finding number of employees and their total salaries and benefits from financial forms.
Any idea what multiple the CEO makes of the salaries of those striking?
That’s not a simple figure to calculate, because the raises are percentage based and the people who get them don’t all make the same wage.
According to https://en.as.com/latest_news/boeing-strike-how-much-do-machinists-make-per-year-average-salary-for-company-workers-n/, the current average salary for a machinist union member at Boeing is $75,600. A 35% raise would bring that average base pay to just over $100k.