Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

All workers must be paid a living wage for their labor.
Income inequality is the main cause of lower living standards.
Workers must join together and fight back for what is rightfully theirs.
We must not be divided and conquered. Workers gain the most when they focus on unifying issues.

Our Goals

Higher wages for underpaid workers.
Better worker representation, including but not limited to unions.
Better and fewer working hours.
Stimulating a massive wave of worker organizing in the United States and beyond.
Organizing and supporting political causes and campaigns that put workers first.

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Boeing factory workers accept contract and end 7-week strike. (38% pay raise over 4 years) (apnews.com)

submitted 1 week ago* (last edited 1 week ago) by Twoafros@lemmy.world to c/workreform@lemmy.world

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cross-posted from: https://lemmy.world/post/21648625

From the article:

Unionized machinists at Boeing voted Monday to accept a contract offer and end their strike after more than seven weeks.

Leaders of the International Association of Machinists and Aerospace Workers district in Seattle said 59% of members who cast ballots agreed to approve the company’s fourth formal offer and the third put to a vote. The deal includes pay raises of 38% over four years, and ratification and productivity bonuses.

However, Boeing refused to meet strikers’ demand to restore a company pension plan that was frozen nearly a decade ago.

The average annual pay of Boeing machinists is currently $75,608 and eventually will rise to $119,309 under the new contract, according to the company.

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[–] Speculater@lemmy.world 8 points 1 week ago (1 children)

I suspect the 38% is roughly cut into 9.5% a year.

[–] halcyoncmdr@lemmy.world 4 points 1 week ago (1 children)

Which also brings up the fact that annual inflation still applies, so realistically it's more like 6.5% increases. Since annual inflation is usually around 3% or so.

If you're not getting about a 3% "raise" each year, you're getting paid less than you were.