Quote:
Originally Posted by lendaddy
No one doubts the Union gets lots of goodies for the employees. I don't imagine that was ever in dispute.
As Rich stated "It's business. Boeing tries to maximize profits...IAM members try to maximize profits. It's that simple."
Well it's not really that simple. Boeing has a board that tries to weigh it's current leverage ion the market against longevity and damage to their image etc... They don't always go for every dime they could get from the market if it means inordinate backside costs to the "machine".
The union on the other hand simply goes for whatever it can get right now. There is no concern for the machine, "that's managements problem"
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These "goodies" as you called them help create a healthy educated workforce which is a huge asset to a high tech company like Boeing. Everyone benefits.
Boeing doesn't need to go for every dime...they've already got most of 'em. In the past 5 years the company cleared $13,000,000,000 in after tax profits. Union contracts are "negotiated". That means
both sides give and take. The hourly employees pay the IAM a ton of money to negotiate good contracts. See, that's the union...the 25,000 people who just want a piece of the dream. I don't understand why some people wish them ill or disparage them for wanting a better life. And around here, in one of the most beautiful places on earth, life ain't cheap. Unless you want to live in a crackerbox house where you can reach out the window and touch your neighbor's house, a doublewide, or in a van down by the river, it takes some serious cash.