Your Union is endorsing and recommending the latest IAM/Boeing Contract Proposal. It is time for our Members to lock in these gains and confidently declare victory. We believe asking members to stay on strike longer wouldn't be right as we have achieved so much success.
In every negotiation and strike, there is a point where we have extracted everything that we can in bargaining and by withholding our labor. We are at that point now and risk a regressive or lesser offer in the future.
This contract builds on everything achieved in the September 12, 2024, agreement, with the additional gains you achieved by going on strike. The two significant changes in this offer from the last one are:
38% GWI over four years - 13%, 9%, 9%, 7%, which compounds to 43.65% over the life of the agreement
The $12,000 ratification bonus combines the previous $7k ratification bonus and the $5K lump sum into the 401k. Now, members can choose how this total amount is received - in your paycheck, contribution to your 401K, or a combination of both.
Find all proposal information at https://www.ourfutureourfight2024.com/contract-2024
We will vote on this proposal on Monday, November 4, 2024. Voting will be at SMART16 from 7:30am to 5pm. (Flyer will be sent out later with more information about voting)
PDBR Brandon Bryant will be available at the IAM W24 District Hall Friday from 8am to 5pm for members who have questions about the contract. 25 Cornell Ave. Gladstone, OR 97027.
Really? Not much has changed from the previous offer. Nothing significant any way. Six months from now that 12 grand will be spent and we will still be struggling with most of the same bad deals from the previous contract extensions. What of the other issues/wants from the surveys, have been addressed? I KNOW we can do better! ONE DAY LONGER, ONE DAY STRONGER
Your Union is endorsing and recommending the latest IAM/Boeing Contract Proposal.
“It is time for our Members to lock in these gains and confidently declare victory. We believe asking members to stay on strike longer wouldn't be right as we have achieved so much success.”
TRANSLATION:
Time to get back to work!
With a company going through severe
financial difficulties, from the past poor upper management decisions and behaviors, we now have to help them “right the ship!”
Boeing stands about a 34% chance of filing chapter 11 between now and the next 2 years. Anymore “hiccups,” we’re done!
https://www.macroaxis.com/invest/ratio/BA/Probability-Of-Bankruptcy
https://www.gurufocus.com/term/zscore/BA#:~:text=BA%20(Boeing%20Co)%20Altman%20Z%2DScore%20%3A%201.06%20(,26%2C%202024)
The one thing I have wanted was for the first year GWI to be at 20%.
Boeing has kept it low.
They raised it to 13% with this new offer.
With so many young workers and their families to be able to afford their own homes they need a larger initial raise to do that.
Being a more experienced worker, I just see the fact that the last 10 years we have lost almost 50% of our wages buying power to inflation.
At the end of this contract we will be about 20% of less buying power from 15 years ago.
Guys, 31+ years. I really like what our leadership said above. Let's "Lock in these gains"! This is hands down the best contract offer we've ever seen. It's light years better than the first offer. TOGETHER, we stood up against a corporate giant and got what I believe to be the best possible contract we can get without taking extreme risks to all of our futures. This contract is better than anything we could of even dreamed of before this whole process started. There's an old saying I think applies here. Bulls make money, Bears make money, Pigs get slaughtered. Don't be the pig. Let's all be proud of what we've done and live to fight another day! I want…