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One of the most painful issues dividing labor and management in the strike at Boeing is the loss of the traditional pension plan for union members in 2014.
The union also wanted to restore traditional pensions that were axed a decade ago but settled for an increase in new Boeing contributions to employee 401(k) retirement accounts of up to $4,160 per ...
Boeing's largest union urged new CEO Kelly Ortberg on Tuesday to get more involved in contract negotiations to end a strike by around 33,000 U.S. West Coast workers, after the U.S. planemaker cut ...
SPEEA was formed in 1946 by a group of Boeing engineers in Seattle, Washington and is an affiliated local union of the International Federation of Professional and Technical Engineers (IFPTE). On behalf of its members, SPEEA negotiates contracts with employers; it also provides assistance with resolving workplace and benefit issues. SPEEA ...
SPEEA Pushes Boeing to Grant Pension Survivor Benefits to Same-Sex Married Members SEATTLE--(BUSINESS WIRE)-- When new contracts are negotiated and ratified by engineers and technical workers at ...
Employers that offer these types of work-life perks seek to raise employee satisfaction, corporate loyalty, and worker retention by providing valuable benefits that go beyond a base salary figure. [10] Fringe benefits are also thought of as the costs of retaining employees other than base salary. [11]
Boeing Co (BA.N) is bringing retired workers back on the job as the world's largest planemaker tries to fix delays at its 737 jetliner plant outside Seattle, a union official told Reuters on Monday.
Boeing said on Tuesday it has offered to extend the timeline for a vote on a new contract by the union representing thousands of its striking U.S. West Coast workers, after they rejected the ...