Striking machinists at Boeing will vote Wednesday on a new contract proposal that includes a 35% pay hike over four years that could end a costly five-week-old strike, the company and union said Saturday.
Striking machinists at Boeing will vote Wednesday on a new contract proposal that includes a 35% pay hike over four years that could end a costly five-week-old strike, the company and union said Saturday.
OR the c-suite should make less goddamn money and understand that taking care of their employees benefits their share price more in the long run. That would require they learn how to run a fucking business though.
That’s how it should be - and is another excellent gesture of good will. But, based on a quick search, it looks like each of the 20 senior execs makes ~$2m/year (in cash, they get stocks too, but those don’t cost the company anything). If you halved their salaries, it would be ~$675/year for each of the 33k striking machinists - and does not totally bridge the gap to meet union requests. It also would omit SPEEA. But I agree, there are a bunch of levers they can and should be pulling.