Why Nostr? What is Njump?
2024-09-13 17:45:36
in reply to

Shannon Skinner (she/her) on Nostr: #Solidarity "The agreement included 25% pay increases over the four-year contract, ...

#Solidarity
"The agreement included 25% pay increases over the four-year contract, short of the 40% increase pushed by the union."

Gee, 40% sounds like a lot, doesn't it? But context is required, which corporate media routinely and intentionally fails to provide.

“Boeing is saying they are in a tough spot recovering yet their executive salaries haven’t changed. COO [chief operating officer] Stephanie Pope makes over $300,000 every two weeks,” said a Boeing mechanic who requested to remain anonymous for fear of retaliation.

Workers also were upset that Boeing chose to cut their annual bonuses, which The Seattle Times reported "average just over $6,100 pretax in Washington state and about $7,600 pretax companywide."

"Boeing has spent $68bn on stock buy-backs and dividends since 2010."

"The company has been mired in scandal but has still paid huge salaries to top executives. Outgoing CEO Dave Calhoun received a 45% increase in 2023, to nearly $33m in 2023. Their ousted former CEO, Dennis Muilenburg, left with a golden parachute of $62m."

Boeing's CEO to worker pay ratio is 273 to 1.

#FuckBoeing #WorkersRights #USPol #USPolitics #Business #Finance #Boeing #737Max #UnionStrong
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