davad@lemmy.worldtoNews@lemmy.world•Boeing strike: bosses bruised, blindsided and on brink of crisis
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16 days agoDoes anyone have concrete info on the offer and why it was rejected? Reading between the lines, it sounds like some of the issues were:
- 24% is a lot, but doesn’t bring them back to where they were 16 years ago when their last general wage deal happened
- Contract reduces or removes performance incentives, which might reduce take-home pay overall
- Some employees are mad that their pension was taken away a decade ago
- They don’t trust Boeing to keep it’s promise about building the next commercial jet in the region
Anything else?
I think part of the issue is how business accounting practices work. When you buy a machine, you can call it a capital investment and count its value as an asset. When you hire a person and cultivate them for years, from an accounting perspective their salary is strictly a liability / expense. Even though that person is an asset in every other way, our standard accounting practices don’t reflect that.