They voted to strike but delaying 48 hours to go back to the negotiating table.
This is why as much as unions leave a bad taste in my mouth, you have to at least recognize that companies need to do a little better job of sharing the wealth.
Boeing's offer increased the basic monthly retirement pension from $70 to $80 per year of service. Machinists wanted the company to do better, given $13 billion in net profits over the last five years, half of those profits from the commercial airplane unit.
Soon after the initial offer from Boeing last week, machinists started forwarding around e-mails from a 2006 Boeing filing with the Securities Exchange Commission showing that at that time low-level executives got monthly pensions of $400 per year of service and top executives got $4,000 for each year of service.
Soon after the initial offer from Boeing last week, machinists started forwarding around e-mails from a 2006 Boeing filing with the Securities Exchange Commission showing that at that time low-level executives got monthly pensions of $400 per year of service and top executives got $4,000 for each year of service.
Comment