In yet another significant major defeat for organized labor, the top leadership of the International Association of Machinists (IAM) in secret negotiations with Boeing, reopened the contract and shoved through a vote of the membership to accept devastating concessions. Devastating not only for the Boeing workers but for all workers who look to their unions to protect defined pensions and wage packages. The contract was not even set to expire until 2016, and despite the fighting spirit of the membership demonstrated by an initial overwhelming NO vote, the IAM leaders bowed down to Boeing’s blackmail threat to move future production to as yet non-existent, non-union plants, in areas lacking the skilled labor force needed to construct the 777X, This sell-out contract will eliminate the defined pension plan in 2016. Workers will pay large increases in medical premiums and will receive a paltry 1% yearly raise. Boeing new hires will need 20 years plus employment to reach the maximum pay grade, more than three times what it takes now. The contract will extend to an indentured servant-like eight years from 2016 to 2024, with workers bound hand and foot to a no strike clause.
Read more...
Posts
