Considering that a qualified floor worker at Boeing Seattle plant already earned about 75% more than a equivalent worker in Airbus Toulouse plant, and on top of that the A320 production line is both more automated and more efficient, i´m kind of think that Boeing is in trouble. They can probobly still make the 787 with descent margins and possibly the 777x, but the 737 max is probobly going to be pretty close to making losses.
Boeing has mismanaged the factory and they receive bloated compensation. Boeing promised the 787 would be built in Washington state after receiving multi-million $ tax breaks. A couple of years later, Boeing builds a new non-union plant in S. Carolina where they assemble the 787. Their quality of work is so poor that all 787s are flown to Everett for rework before the plane is delivered to the customer. Currently there is a 6 year backlog of rework alone. So when management says we need to work together to save the company they mean we need to accept low wages while they give themselves 5, 10, 15, 33 million dollar annual salaries. Boeing is awful.
My father worked for Lockheed his whole career. Did multiple projects alongside Boeing in the missile defense field. Said their corporate leadership was some of the most incompetent he’s ever been around. So much so, the project director took him off a project after he told them all of Boeings plans should be scrapped and start fresh.
@@bluerisk The meaning of this comment is obscure, to say the least. Knowledge of economics is more important in understanding the Boeing issue than understanding the Star Wars movie saga is. But I suppose that you do know your Star Wars.
Don’t be fooled the 25% pay raise was for the four year contract but they forgot to include that they removed 24% bonuses during that same contract plus they still haven’t gotten the 777X new program through the FAA so there are no plans to build a new airplane in these next four years so that part of the contract is a moot point
We definitely worked hard to get this one out sooner than later! Luckily all our team members were in the right place to get it done. Thanks for taking notice :)
Thank you for covering it so fast and not just waiting to milk the first video. Could you possibly cover how their board works or possibly how those contracts are approved by the board and shareholders?
@@keith_5584 Do this in a You Tube comment section? It would take pages of in depth explanation to do that -too much for the comment section. But your comment question is a very good one. You are intelligent and inquisitive, and you want to be knowledgeable about the complex Boeing issue. The information you want is certainly available through a You Tube or a Google query. It is so refreshing to see a serious and thoughtful comment such as yours in the You Tube comment section. Strong work.
OK, serious question. Which is worse, a humongous bonus or a $50M "Golden Parachute?" A "once really good company that I worked" for (in another century!) paid a useless B@#xh more money than anyone on one of the production lines would ever make in a lifetime, to leave!! Then the Board of Directors wonders why the employees hate the board for screwing up their IRA Plans. I don't know... it's probably even worse than that now. I retired quite a few years ago so who knows how much they've screwed up the system since I got out.
Not really surprising. Imagine the CEO getting increment each year while the workers do not get any each year for years. No one would be happy to get the peanuts they would get years down the line.
Labor received maybe 6-figures (if you're lucky) and a 4-figure bonus. CEOs and C-suites received seven-figure salaries and eight-figure bonuses. Are you paying attention yet??
you don't seem to be aware that these workers are paid 20 times what anyone else in the world is making. Most manufacturing jobs have already left the country. This will only incentivize companies to move out of the US. People in the US have wildly exaggerated their value to society.
@RS-ls7mm Yeah, I am not aware of that. However, the CEOs have been getting increments and huge bonuses. Why should the workers not get a piece of the pie? Your point does not address this. People in other countries fight for their share of their pie, too.
There is something people miss here thats really important, the CEO works for the shareholders. The shareholders DEMAND endless returns and give zero Fs about the workers. They decide how much of a bonus and salary the officers get. They bully the Executives into treating people like tools and refuse to ever take a loss, morality be damned. When I say shareholders I dont mean the guys busting their ass on the line, I mean the investors who skirt the law and have other ways of preventing themselves from taking a loss.
Just hope much is a ***livable wage*** with the Bidenomics INFLATION?? $100,000/yr? I say $250,000 a year. But let’s just go for a **comfortable living wage *** - $300,000/yr.
Let me tell you what is in the mind of Boeing's management: These mechanics are directly responsible for the blow out incident, as they failed to follow paperwork and protocol, leading to the screws being forgotten to be installed. Billions of damages caused, and now they are asking billions more?
@@aerohk i dont think its that complicated. Someone else will be happy to have that job for less money. Maybe in a different location. End of story. Manifacturing loves to compare themselves to white collar jobs. They categorically refuse to accept that they are not the ceo and there is nothing special about them or what they do. Sorry.
Sure, if you want Boeing to move all manufacturing out of the US (or at least a business hostile state like Washington). Do you realize the US has the most expensive workers on the planet? That's not realistic or sustainable.
It's the same thing with Aircraft Mechanics in Canada and the US. Our wages here in Canada anyway haven't kept pace with inflation much less anything else. There has been an active commitment to keep our wages down and now it's coming to bite them in the ass as ppl aren't entering this field. The general public has always had the misconception that we're highly paid just because it's "aviation " when in fact auto workers assemblying cars do better. Support to the workers at Boeing and all across the aviation sector.
@@danpress3817 Probably! This doesn't come up as much as it should. I have a general impression that employee-owned companies can make a success from a failing conventional company for reasons we can all imagine. I am constantly surprised that this doesn't come up more, when a company is dragging and facing liquidation. Why not pass it to the STAFF?
a pay package of nearly $33 million for outgoing CEO Dave Calhoun at the company’s annual general meeting on Friday. That’s the highest package ever paid to the company’s CEO and a 45% increase from the $22.6 million he received for 2022.
Being a third generation Boeing family member and having children currently working there, myself, my father and my dead grandfather are cheering at this decision by labor. Boeing leadership since the corporate move to Chicago is so out of touch with its workforce (as a whole) from janitors to Managers) that this was bound to happen. I should write a book on this
@@user-yt198 an IAM mechanic (hiring in with no real skills) will be trained by Boeing, and can reach top scale in about 6 years. At top scale they make about $50 an hour (my son makes $90K, with OT he regularly breaks 115K p/yr), and have insurance, PTO, etc. Far more than they could make anywhere outside Boeing bc the skill set is fairly specific to Boeing. Many of these guys have never worked anywhere else so they dont realize that. The problem is, once they hit top scale in their job category, they cannot make any more unless they train into and shift to another job category that has a higher scale, so if they stay in the same job forever, they are at the same pay (except for small CoL raises.) Source: Husband was IAM for years and is now SPEEA; son is currently IAM. (EDIT to add - I hope they get what theyre asking for, but they should be mad at their own union for trading things away 20 years ago and trying to restore all of it in one fell swoop (pension & a 40% raise) is gonna be tough.)
Probably wont be working? We wont, thats for sure. We all left work early. So now building dont have us in there. But they do have engineers and managers on site. Also they are using this time to set up the 737 line that will be added to our Everett factory. Also parking lot maintenance can be done...all while we are out of the way for these updates and also fines for late deliveries stop while on strike. So why pay us to be in the way while they update everything. And forget about the promise to build the 797 in puget sound. As it isnt even planned for this contract. They promised to keep the 787 in the Puget Sound too. Plus they have majorly screwed up by the move of the 787 to South Carolina. As they still cant seem to build em right. They build them enough to fly to everett where we fix them. They were going to take away our raises. Our cost of groceries have gone up 22% all while we have only received a 1% raise every 2 years. This is catch up. Managers who lieterally do almost nothing...i know, i was one. So its our time. Its coming or boeing will stop building planes. For now. Nothing will be put together until strike.is over. Time for them to recognize our worth. Our wages only represent 5% of the cost of the airplane. While managers get 10 time the paid time off. While doing the least amount of work possible. They are called over paid baby sitters. Again. Its our time. Image where ever you are in the world if you can make ends meet if you only were getting a 1% raise every 2 years for the last 8 years. Cause thats what we have gotten. We get pressured by managers to work faster and faster and sometimes told to ingore FAA and boeing rules and just get it done. Yeah. Thats very very common. Sometimes daily. So again....its our time. We dont make much as it is. Most people think we make a ton of money. Only when you do overtime. I amd maxed out abd make $42.75/hr. Been here 16 years. So i am super happy we are on strike. The smallest signing bonus ever was also offered. That lets you know Boeing had plans to get the updates done while we would be out of the way and not paid to stand around. We are not being greedy. Boeing machanics used to be a sought after job around here. Now. They start you at the same wage McDonalds starts you at. Yeah, hard to believe. All while.the CEO just stepped down and took a bonus with him that is most than most 10 people combined make in a lifetime. Will will strike as long as it takes. Hooing for 2 months myself.
@@GokuBlackThatIsBlackyep. Happens everyday and no one wants to do it. Im the one who needs to get real? Boeing isnt even a laughing stock. Its a survival horror budget movie. This is a disaster and no one is going to come out ahead. Dont kid yourself into thinking this is the 1980s. Please. We are all ears. Tell is how great boeing is today and how its a leader in aviation. We would love to hear it. Because we dont know.
Better yet focus on supporting the mechanics that have to fix the issues and maintain the planes, They have it harder in all aspects than assembly line workers working in air-conditioned structures at a casual pace. It's not like the assembly line workers are getting paid $15 an hour, they get paid better than you realize just like UAW workers get paid more than the mechanics that fix the defects on cars. This is a one sided issue with these yo-yos and they can stay on strike as far as I am concerned.
Good for them. As a former AME I can sympathize. People are shocked when they learn how little I made as an AME in the highest salary band at the countries second biggest airline. After just two years in another industry I was making more than I was after 20 in aviation.
Boeing need to focus on its people and make people happy for people that work there.. Currently, employees feel management are untrustworthy, low moral, low pay, lack of benefits compared to airlines, bullying and not a day of better life. Now boeing is introducing a program to keep tabs on people how much they spend time on the job and management will issue corrective action against employee spending too much time on a job. No wonder problems and safety at boeing is rising.
Can't blame them one bit. When upper mgmt is making record bank, using corporate profits for stock buy backs, and greenlighting shoddy products, and not sharing with workers, I'd strike, too! Boeing should just cease operations.
The workers have crunched the numbers and aren't happy. Too much money is being filtered up to the top and workers feel they aren't being rewarded for their efforts.
What a shock. People getting paid 20x the world average think they deserve even more money. Pretty quick way for their jobs to get out sourced to a more realistic country.
So spoiled. They’re making well above the national average and still bitch and moan that making another 20% above that is too poor. And as for money going to the top, it’s an infinitesimally small amount. The C suite could take 0 comp and it would be single digit dollars per day for the front line workers, who don’t deserve it.
Careful what you ask for. The median world wage is $6K/yr. Paying people what they are worth would mean a drastic decrease in pay. People have a wildly inflated sense of self importance.
Perhaps the new contract should include more than one machinist in Renton that is capable of installing 4 door plug bolts in case that worker goes on vacation again.
Im a third shift Everett factory 767 mechanic in forward body structures, and this video was quite accurate. Thank you! The facts are important. This isn’t a cut and dry thing here. Teachers and flight attendants make as much as us, and it takes at least 2 YEARS for a mechanic to become self sufficient. We do highly advanced manufacturing the likes of which only goes on in one other place in the world. We deserve to be paid what’s fair. As much as Boeing doesn’t wanna admit it, this is a tribal knowledge industry; the manufacture of commercial planes. It will take generations to replace the materials science knowledge base of this manufacturing base that they’ve been cultivating for now over 100 years.
Lol at 2years to be self sufficient 😂 buddy that's typical in any trade dipshit and we don't work on nice clean equipment in nice clean hangers. The real problem is you demanding more pay when your company is bleeding money. "Highly advanced" Bro get a grip. Coming from a millwright
777 functional test here, you’re right, look at SC for the proof of tribal knowledge, not to mention we have the right as a union to say no to work that we don’t think is safe without our jobs being threatened.
Calhoun was paid 132 million when he exit Aug 5, the new CEO 33 million, for sitting at a desk and hiring DEI incompetent employees. These employees push the plane out the door to receive bonuses. Boeing's own fault for not looking out for the employees who actually do the work getting paid in 2008 wages.
No, the CEO's are cashing out before the collapse of the US economy. Can't keep paying greater than 10 times the median world income for manufacturing jobs.
I haven’t heard Boeing doing well over the last couple of years starting from the CAS fiasco for the 737 MAX. Boeing hasn’t learned their lesson since and tried to blame Alaska for the plug door blowout. I spend most of my time on car channels and it seems manufacturing quality is non existent across the US not just Boeing
My first hand experience with blue collar work is that skilled labour is no longer considered skilled labour worth investing until operations fall apart and the dollars stop flowing. By that stage, all the good people are gone and we have to start from scratch which is even more costly and expensive in the long run.
Since Calhoun walked away with a 45% raise at 32,8 million, I don’t think we are asking alot and the companies financial problems were brought on by their decision making!
@@mr.b6629 There is a very big difference between government debt and personal and corporate debt. Government can continue to function with large debt. Persons and corporations, such as Boeing, cannot. Boeing is in trouble.
@@matsv201 Before tax - for sure. And let me guess, you are taking the average?) What about median? Ain't looking as fancy as before, right? Also airbus didn't sell out their branches for "efficiency", which led to prettier numbers in finance department, but several deadly crashes caused just by greed and incompetence of their upper branches. So, what's your point again? Poor airbus workers should strike as well? Is their conpany failing them?
@@matsv201 it's a rudimentary comparison The comparison should be based on cost of living in the city and the benefits provided like healthcare, pension etc
25% raise over 4 years.. That's like 6.25% per year, if you consider all the inflation of the past few years, that raise would probably barely even out their pay with the inflation level. Is not really a raise when you think about it but
The average very old fixer upper house in the Everett area is minimum $500,000, with a mortgage payment of $4100 after taxes. A maxed out grade 5 mechanic takes home around $5600 a month. It’s not possible to buy a house here anymore unless you have two incomes.
Some management executives are paid very high salaries which is way beyond the workers salary. Let the ceo forfeit part of his astronomical salary and give ot to the workers as they too contribute more than that of the one who is sitting on the top.
Seattle Times reports that part shortages for 777F are so critical that workers had to cannibalize some parts from finished 777X aircraft (There are about 30 finished or mostly finished 777X units). As a result Boeing management is kind of ok with a not-too-long strike as it will provide the time to the suppliers to catch up. There are 60 units of 777F in the backlog.
@@user-yt198 incorrect. they have made quite a few already. production hasn't fully stopped, until the strike today. the 777F and 777X are made on the same line. i used to build them. ))
Not a sudden strike, Machinist 751 has been waiting to strike for last 3 years+. Machinist clearly said "If Boeing gives them another contract, that takes away their benefits or perks they will go on strike." Company is on 60 billion dollar debt and, all the higher ups are taking 10 million plus for their yearly salary. Boeing wonder why we are in debt Machinist got only about 1 percent raise from 2008. With inflation at all time high, getting their Annual bonus taken away of course, its their time to get theirs.
Myself and several of my coworkers are ready to strike until January. Many people have hit the temp agencies and found part time jobs. There is no shortage of work in this area!
Stop calling it Boeing. It is McDonnell Douglas in Boeing livery. Has been since 1997. MD brought it's failing business model with it. The logo says it all. MD/Boeing.
NAILED IT !! Stonecipher even admitted to turning Boeing from a "great engineering company" into a "business"... $51 BILLION in stock buy backs and share dividends payed out since 2012.. him and the Welch mentality board have almost ruined this company.
There is nobody making low wages at Boeing .. Boeing workers get paid average 30 40 dollars an hour .Where else can you make that ..Try living on wal Mart wages,or anyplace else.Not low wages stop the rederic.
In the company where I worked one of our plants went on strike, wouldn’t compromise at all. The plant became the highest paid plant we had. Then there was a downturn and boom they were closed. Why? Because they were the most expensive to keep open. Boing better be careful or they will price themselves out of a job.
That negotiating team should probably be polishing their resumes for recommending a contract acceptance with that percentage of reject/strike from the workers.
The worst part is that Boeing can just move its production to a unionless state (that such thing even exists in the USA baffles me) in the future and avoid strikes while offering miserable contracts to its employees. I hope time proves me wrong.
No better way to end a paycheck than striking. I have no idea what Boeing pays their people today, but they were considered a good company to work for at one time. Todays standards have changed at all levels of our society. The workers may very well have serious complaints. Best of luck dealing with that.
Like the UAW president said, Record Profits Equal Record Contracts. Pay the people who actually make the company successful, not the CEO who hasn't seen a day of actual hard work.
Boeing has not declared a dividend since 2020 (or even before, can't remember but 737 max grounding was a big hit). And it has contracts with airlines to deliver by a certain date which it can't meet because it made promises for production increases it cannot fulfill. Deliveries may not be profitable if accompanied by stiff "late delivery" penalties. I would have hoped the union would have given the new CEO some time to show his colours. On other hand perhaps he has shown his colours and hence the strike. I would have hoped the union/Boeing would agree to substantial pay benefits once/when Boeing becomes profitable and until that time, management's pay would also be curtailed (even if just token move).
Just gets better and better for Boeing. From plugs, to batteries, spacecrafts, engines on their wings, to software and now people. Management living in Chicago need to become biz woke
And the prices of aircraft, air travel and air cargo continue to rise. Like taxes, you don’t demand more wages and benefits with the company paying for it. You get more pay and benefits with the customers paying for it. It is simple math. A company has to sell their product for more than it costs to make in order to stay in business.
Labour accounts for 5% of the cost of the aircraft, even if workwr wages doubled, you'd only get a 5% increase in cost. So now a 20mil airliner costs 21mil. For the consumer, the lions share of the ticket price is airport fees and fuel, very little of the capital costs (the only thing dependent on the cost of the plane)
If you want to continue to attract top quality talent, you need to pay top quality wages. Vast majority of boeing workers start at less than a fast food worker. Should pay people more to build airplanes than to flip burgers.
Boeing should move this entire operation to South Carolina or Texas. Boeing is selling very few planes anymore, the company is in deep trouble. They are likely only making money from the government
They do have a plant in South Carolina, and many of their planes ended up being sent to Washington for repairs, guess that's not going to happen anymore
So union management negotiated a deal, recommended its ratification, and the rank-and-file rejected that recommendation by 95%? Yikes. It seems not only is Boeing’s BoD utterly useless, the union’s management team is equally useless. What a perfect storm of incompetence.
Geniuses! Their planes are falling apart in flight and they are not happy with a 25% raise and an increase in their benefits and a $3000.00 signing bonus.
After over ten years of stagnant wages, a 25% increase over 3 years doesn't even get close to matching inflation, much less that Boeing slashed their pension plan and benefits
POV Airbus screaming to Boeing " Fix your sh**t, we can't handle more backlogs 😫 ! "
😂😂
Considering that a qualified floor worker at Boeing Seattle plant already earned about 75% more than a equivalent worker in Airbus Toulouse plant, and on top of that the A320 production line is both more automated and more efficient, i´m kind of think that Boeing is in trouble.
They can probobly still make the 787 with descent margins and possibly the 777x, but the 737 max is probobly going to be pretty close to making losses.
Railroad Industry: *Laughing so hard a little pee comes out* You called us obsolete!
@@matsv201 Why worse for 737 than the others?
@@alicelund147 because the larger aircraft got more profit magrin and less man hour per dollar cost
Boeing has mismanaged the factory and they receive bloated compensation. Boeing promised the 787 would be built in Washington state after receiving multi-million $ tax breaks. A couple of years later, Boeing builds a new non-union plant in S. Carolina where they assemble the 787. Their quality of work is so poor that all 787s are flown to Everett for rework before the plane is delivered to the customer. Currently there is a 6 year backlog of rework alone.
So when management says we need to work together to save the company they mean we need to accept low wages while they give themselves 5, 10, 15, 33 million dollar annual salaries.
Boeing is awful.
The S Carolina planes don't crash on the way to Everett?
@Weathernerd27 just cause it doesn't crash on the first few flights doesn't justify delivering it to the customer
@@qwl4363 I'm being sarcastic.
My father worked for Lockheed his whole career. Did multiple projects alongside Boeing in the missile defense field. Said their corporate leadership was some of the most incompetent he’s ever been around. So much so, the project director took him off a project after he told them all of Boeings plans should be scrapped and start fresh.
Paying a failed CEO 33m to leave and paying ppl who actually do the work peanuts
That ceo has left the company
And the ppl have not forgotten "Darth Vader" and his blackmail-like bargain.
And that’s what is killing American production and morale. CEOs making 50x what workers make. Not working, never will.
@@mohwybar5832 Yes he did leave, a multi millionaire and paying ppl who actually do the work peanuts, it is called "democracy" American style.
@@bluerisk The meaning of this comment is obscure, to say the least. Knowledge of economics is more important in understanding the Boeing issue than understanding the Star Wars movie saga is. But I suppose that you do know your Star Wars.
Don’t be fooled the 25% pay raise was for the four year contract but they forgot to include that they removed 24% bonuses during that same contract plus they still haven’t gotten the 777X new program through the FAA so there are no plans to build a new airplane in these next four years so that part of the contract is a moot point
Boeing hitman working overtime or is he on strike too ?
😂
Broooo💀💀💀💀💀💀💀
Hitman demands higher pay.
Nah, they outsourced that to the real experts.. HRC in particular.
Boeing hitmen on strike also: pay doesn’t match the worker load🤣
I guess boeing will have the fastest ceo term in history. the board is delusional and filled with bean counters.
Not doing a good job counting either. Bean droppers more like
It would take an Elon Musk like gut of the whole thing to turn it around. I don't think that will happen
At least longer than Lis Truss in UK parliament
It depends on how the new CEO handles this.
@@nafnaf0 He'd just destroy it. Boeing is not Tesla.
Simple flying video editing be faster than the concorde 😂😂😂
We definitely worked hard to get this one out sooner than later! Luckily all our team members were in the right place to get it done. Thanks for taking notice :)
Thank you for covering it so fast and not just waiting to milk the first video.
Could you possibly cover how their board works or possibly how those contracts are approved by the board and shareholders?
And more successful
@@keith_5584 Do this in a You Tube comment section? It would take pages of in depth explanation to do that -too much for the comment section. But your comment question is a very good one. You are intelligent and inquisitive, and you want to be knowledgeable about the complex Boeing issue. The information you want is certainly available through a You Tube or a Google query. It is so refreshing to see a serious and thoughtful comment such as yours in the You Tube comment section. Strong work.
@@SimpleFlyingNews the brevity is appreciated. Too many channels leave in bad takes and pregnant pauses for no reason.
Maybe the top managers and execs should forfeit their millions of "bonuses".
No, they will not
OK, serious question. Which is worse, a humongous bonus or a $50M "Golden Parachute?" A "once really good company that I worked" for (in another century!) paid a useless B@#xh more money than anyone on one of the production lines would ever make in a lifetime, to leave!! Then the Board of Directors wonders why the employees hate the board for screwing up their IRA Plans. I don't know... it's probably even worse than that now. I retired quite a few years ago so who knows how much they've screwed up the system since I got out.
Not really surprising. Imagine the CEO getting increment each year while the workers do not get any each year for years. No one would be happy to get the peanuts they would get years down the line.
Labor received maybe 6-figures (if you're lucky) and a 4-figure bonus. CEOs and C-suites received seven-figure salaries and eight-figure bonuses. Are you paying attention yet??
you don't seem to be aware that these workers are paid 20 times what anyone else in the world is making. Most manufacturing jobs have already left the country. This will only incentivize companies to move out of the US. People in the US have wildly exaggerated their value to society.
@RS-ls7mm Yeah, I am not aware of that. However, the CEOs have been getting increments and huge bonuses. Why should the workers not get a piece of the pie? Your point does not address this. People in other countries fight for their share of their pie, too.
@@mandandiWORKERS DO GET GRADUATED RAISES EACH YEAR AND BY SENIORITY, CLOWN
Pay you dam workers a livable wage and stop giving your board members those big packages. No CEO should get such big bonuses and salaries.
Seven-figure salaries and eight-figure bonuses?? I agree.
There is something people miss here thats really important, the CEO works for the shareholders. The shareholders DEMAND endless returns and give zero Fs about the workers. They decide how much of a bonus and salary the officers get. They bully the Executives into treating people like tools and refuse to ever take a loss, morality be damned.
When I say shareholders I dont mean the guys busting their ass on the line, I mean the investors who skirt the law and have other ways of preventing themselves from taking a loss.
Just hope much is a ***livable wage*** with the Bidenomics INFLATION?? $100,000/yr? I say $250,000 a year. But let’s just go for a **comfortable living wage *** - $300,000/yr.
In my opinion one could, but as the consequence of tremendous results and only if all the employees receive a fair share of benefit as well.
How the f they can't live off that it's insane
Simple Flying first time publishing a second video in a single day
Way to go Boeing. With all the problems you’re facing you’d think keeping workers happy would be your #1 priority.
Boeing seriously screwed them last time. There was no way this wasnt happening.
An American company keeping workers happy? Talk about polar opposites.
Let me tell you what is in the mind of Boeing's management: These mechanics are directly responsible for the blow out incident, as they failed to follow paperwork and protocol, leading to the screws being forgotten to be installed. Billions of damages caused, and now they are asking billions more?
workers are on strike because boeing is poor.
@@aerohk i dont think its that complicated. Someone else will be happy to have that job for less money. Maybe in a different location. End of story.
Manifacturing loves to compare themselves to white collar jobs. They categorically refuse to accept that they are not the ceo and there is nothing special about them or what they do. Sorry.
This was the most comprehensive, fair reporting on this whole ordeal. Nice work.
So, you want to fly with airbus
How the mighty have fallen - from America's best company to the crappiest
Support for the workers. Congratulations
Sure, if you want Boeing to move all manufacturing out of the US (or at least a business hostile state like Washington). Do you realize the US has the most expensive workers on the planet? That's not realistic or sustainable.
It's the same thing with Aircraft Mechanics in Canada and the US. Our wages here in Canada anyway haven't kept pace with inflation much less anything else. There has been an active commitment to keep our wages down and now it's coming to bite them in the ass as ppl aren't entering this field. The general public has always had the misconception that we're highly paid just because it's "aviation " when in fact auto workers assemblying cars do better. Support to the workers at Boeing and all across the aviation sector.
Solution, Employee ownership.
@@danpress3817 Probably! This doesn't come up as much as it should. I have a general impression that employee-owned companies can make a success from a failing conventional company for reasons we can all imagine. I am constantly surprised that this doesn't come up more, when a company is dragging and facing liquidation. Why not pass it to the STAFF?
Sorry but did he say "Shared recovery" or "Shares recovery".....!?!
Lol!
"shares recovery" of course, that's all they care about
He said "shared recovery". But you make an excellent point. Want Boeing really wants is "shares recovery".
😂
His email read like a threat.
Customer here saying i support the workers. I want well built planes built by happy workers
a pay package of nearly $33 million for outgoing CEO Dave Calhoun at the company’s annual general meeting on Friday.
That’s the highest package ever paid to the company’s CEO and a 45% increase from the $22.6 million he received for 2022.
Being a third generation Boeing family member and having children currently working there, myself, my father and my dead grandfather are cheering at this decision by labor. Boeing leadership since the corporate move to Chicago is so out of touch with its workforce (as a whole) from janitors to Managers) that this was bound to happen. I should write a book on this
How much salary raise did Boeing give in the last 5-10 years?
@@user-yt198 an IAM mechanic (hiring in with no real skills) will be trained by Boeing, and can reach top scale in about 6 years. At top scale they make about $50 an hour (my son makes $90K, with OT he regularly breaks 115K p/yr), and have insurance, PTO, etc. Far more than they could make anywhere outside Boeing bc the skill set is fairly specific to Boeing. Many of these guys have never worked anywhere else so they dont realize that. The problem is, once they hit top scale in their job category, they cannot make any more unless they train into and shift to another job category that has a higher scale, so if they stay in the same job forever, they are at the same pay (except for small CoL raises.) Source: Husband was IAM for years and is now SPEEA; son is currently IAM. (EDIT to add - I hope they get what theyre asking for, but they should be mad at their own union for trading things away 20 years ago and trying to restore all of it in one fell swoop (pension & a 40% raise) is gonna be tough.)
@@user-yt198 About 1-2% a year since 2008. Some years had no increase.
Boeing should be allowed to go out of business. It should not be considered too big to fail. The company is doing a lousy job.
I wonder what happened to Boeing employees after they accepted the company's offer the last time they went on strike ?
Probably wont be working? We wont, thats for sure. We all left work early. So now building dont have us in there. But they do have engineers and managers on site. Also they are using this time to set up the 737 line that will be added to our Everett factory. Also parking lot maintenance can be done...all while we are out of the way for these updates and also fines for late deliveries stop while on strike. So why pay us to be in the way while they update everything. And forget about the promise to build the 797 in puget sound. As it isnt even planned for this contract. They promised to keep the 787 in the Puget Sound too. Plus they have majorly screwed up by the move of the 787 to South Carolina. As they still cant seem to build em right. They build them enough to fly to everett where we fix them. They were going to take away our raises. Our cost of groceries have gone up 22% all while we have only received a 1% raise every 2 years. This is catch up. Managers who lieterally do almost nothing...i know, i was one. So its our time. Its coming or boeing will stop building planes. For now. Nothing will be put together until strike.is over. Time for them to recognize our worth. Our wages only represent 5% of the cost of the airplane. While managers get 10 time the paid time off. While doing the least amount of work possible. They are called over paid baby sitters. Again. Its our time. Image where ever you are in the world if you can make ends meet if you only were getting a 1% raise every 2 years for the last 8 years. Cause thats what we have gotten. We get pressured by managers to work faster and faster and sometimes told to ingore FAA and boeing rules and just get it done. Yeah. Thats very very common. Sometimes daily. So again....its our time. We dont make much as it is. Most people think we make a ton of money. Only when you do overtime. I amd maxed out abd make $42.75/hr. Been here 16 years. So i am super happy we are on strike. The smallest signing bonus ever was also offered. That lets you know Boeing had plans to get the updates done while we would be out of the way and not paid to stand around. We are not being greedy. Boeing machanics used to be a sought after job around here. Now. They start you at the same wage McDonalds starts you at. Yeah, hard to believe. All while.the CEO just stepped down and took a bonus with him that is most than most 10 people combined make in a lifetime. Will will strike as long as it takes. Hooing for 2 months myself.
Good luck, hope you get a proper salary eventually.
Average hourly pay for a Industrial Worker job in the US is $15.60. Salary range is $14.42 to $17.55. $42.75/how seems like a high hourly rate.
Nobody wants to fly on your airplanes dude.
@@emptiester yet its happening every day? get real dude, LOL
@@GokuBlackThatIsBlackyep. Happens everyday and no one wants to do it. Im the one who needs to get real? Boeing isnt even a laughing stock. Its a survival horror budget movie. This is a disaster and no one is going to come out ahead. Dont kid yourself into thinking this is the 1980s. Please. We are all ears. Tell is how great boeing is today and how its a leader in aviation. We would love to hear it. Because we dont know.
Let the CEO's go out on the factory floor and make the airplanes. Since they get all the money let them do some work.
Local 1414 member here, supports you guys. Hold strong.
We need to support the workers to have safe environment, reasonable work hours, when workers are safe, we are safe.
Must not be a democrat then. Defunded police, legalizing crime, light to non existent punishment for crimes. No, you are not safe.
Better yet focus on supporting the mechanics that have to fix the issues and maintain the planes, They have it harder in all aspects than assembly line workers working in air-conditioned structures at a casual pace. It's not like the assembly line workers are getting paid $15 an hour, they get paid better than you realize just like UAW workers get paid more than the mechanics that fix the defects on cars. This is a one sided issue with these yo-yos and they can stay on strike as far as I am concerned.
@@TheTitaniumSkullairline mechanics are paid far better than the factory workers
If Boeing can pay millions to executives then they can pay all union demands.
government should make it so.
Executives that destroyed the company.
Good for them. As a former AME I can sympathize. People are shocked when they learn how little I made as an AME in the highest salary band at the countries second biggest airline. After just two years in another industry I was making more than I was after 20 in aviation.
Boeing need to focus on its people and make people happy for people that work there.. Currently, employees feel management are untrustworthy, low moral, low pay, lack of benefits compared to airlines, bullying and not a day of better life.
Now boeing is introducing a program to keep tabs on people how much they spend time on the job and management will issue corrective action against employee spending too much time on a job. No wonder problems and safety at boeing is rising.
Show the $$ the workers make and benefits..
I was howling when i saw the "Boeing company unfair" sign in SPONGEBOB FONT
Can't blame them one bit. When upper mgmt is making record bank, using corporate profits for stock buy backs, and greenlighting shoddy products, and not sharing with workers, I'd strike, too!
Boeing should just cease operations.
The workers have crunched the numbers and aren't happy. Too much money is being filtered up to the top and workers feel they aren't being rewarded for their efforts.
What a shock. People getting paid 20x the world average think they deserve even more money. Pretty quick way for their jobs to get out sourced to a more realistic country.
Shut up already everyone knows that's the American way..geezzz
So spoiled. They’re making well above the national average and still bitch and moan that making another 20% above that is too poor. And as for money going to the top, it’s an infinitesimally small amount. The C suite could take 0 comp and it would be single digit dollars per day for the front line workers, who don’t deserve it.
@qwerty112311 look at WA COL before you out yourself as ignorant 😂
Pay people their worth ! I’m happy you Boeing’s employees.
Thanks. That means a lot!!!
#OURFUTUREOURFIGHT #BACKTOTHETABLE2024
Careful what you ask for. The median world wage is $6K/yr. Paying people what they are worth would mean a drastic decrease in pay. People have a wildly inflated sense of self importance.
Perhaps the new contract should include more than one machinist in Renton that is capable of installing 4 door plug bolts in case that worker goes on vacation again.
You didnt watch the Simple Flying episode about the re-engineering of the door plugs, did you.
Im a third shift Everett factory 767 mechanic in forward body structures, and this video was quite accurate. Thank you! The facts are important. This isn’t a cut and dry thing here. Teachers and flight attendants make as much as us, and it takes at least 2 YEARS for a mechanic to become self sufficient. We do highly advanced manufacturing the likes of which only goes on in one other place in the world. We deserve to be paid what’s fair. As much as Boeing doesn’t wanna admit it, this is a tribal knowledge industry; the manufacture of commercial planes. It will take generations to replace the materials science knowledge base of this manufacturing base that they’ve been cultivating for now over 100 years.
Lol at 2years to be self sufficient 😂 buddy that's typical in any trade dipshit and we don't work on nice clean equipment in nice clean hangers. The real problem is you demanding more pay when your company is bleeding money. "Highly advanced" Bro get a grip. Coming from a millwright
777 functional test here, you’re right, look at SC for the proof of tribal knowledge, not to mention we have the right as a union to say no to work that we don’t think is safe without our jobs being threatened.
Boeing workers getting paid 0.002% compared to the failed executive board who are tanking the company is wild.
Sounds like the union needs to vote out their union prez for telling them to accept the trash offer
Boeing’s not doing very well this year 0-0
Calhoun was paid 132 million when he exit Aug 5, the new CEO 33 million, for sitting at a desk and hiring DEI incompetent employees. These employees push the plane out the door to receive bonuses. Boeing's own fault for not looking out for the employees who actually do the work getting paid in 2008 wages.
No, the CEO's are cashing out before the collapse of the US economy. Can't keep paying greater than 10 times the median world income for manufacturing jobs.
I haven’t heard Boeing doing well over the last couple of years starting from the CAS fiasco for the 737 MAX. Boeing hasn’t learned their lesson since and tried to blame Alaska for the plug door blowout.
I spend most of my time on car channels and it seems manufacturing quality is non existent across the US not just Boeing
The bigger problem for them is the benefits they lost. Pension, healthcare,... got stripped a while back.
It’s insulting that Boeing really thought its workers would accept such a poor offer. No one should have to work daily OT to live comfortably
The CEO and every top level executive should take a pay cut to help fund the wage increase for employees.
Calhoun'# 33m package would give each of the 33,000 workers $1,000.
My first hand experience with blue collar work is that skilled labour is no longer considered skilled labour worth investing until operations fall apart and the dollars stop flowing. By that stage, all the good people are gone and we have to start from scratch which is even more costly and expensive in the long run.
Management loves cutting corners until there's nothing left but a straight line down
Since Calhoun walked away with a 45% raise at 32,8 million, I don’t think we are asking alot and the companies financial problems were brought on by their decision making!
Boeing just paid the outgoing CEO $34,000,000 and the incoming CEO $17,000,000, and they wonder why they’re $60,000,000 in debt.
This type of shit is why blue chip companies fail because of greed they don't get it
Boeing is $60 billion in debt. Your number is $60 million. Add three more zeros.
@@frankblangeard8865 US National debt is 35 Trillion. Debt is part of American Culture.
@@frankblangeard8865 oops
@@mr.b6629 There is a very big difference between government debt and personal and corporate debt. Government can continue to function with large debt. Persons and corporations, such as Boeing, cannot. Boeing is in trouble.
Great report! Thank you for reporting ALL THE FACTS
Am so glad workers are waking up and saying no to greedy corporations and shareholders.
You know that the boeing worker makes about 75% more than the airbus workers?
@@matsv201 Before tax - for sure. And let me guess, you are taking the average?) What about median? Ain't looking as fancy as before, right? Also airbus didn't sell out their branches for "efficiency", which led to prettier numbers in finance department, but several deadly crashes caused just by greed and incompetence of their upper branches. So, what's your point again? Poor airbus workers should strike as well? Is their conpany failing them?
@@matsv201 it's a rudimentary comparison
The comparison should be based on cost of living in the city and the benefits provided like healthcare, pension etc
@@swagathshetty healtchcare is payed of the tax.this is pre tax earnings. Bassically what the emplyer pays
The union wanted them to accept it and they still rejected it. That is AWESOME!!! Make Boeing pay you more. The assembly workers ARE the company.
25% raise over 4 years.. That's like 6.25% per year, if you consider all the inflation of the past few years, that raise would probably barely even out their pay with the inflation level. Is not really a raise when you think about it but
They mostly want to get the benefits back.
Boeing stripped all kind of benefits a while back.
The average very old fixer upper house in the Everett area is minimum $500,000, with a mortgage payment of $4100 after taxes. A maxed out grade 5 mechanic takes home around $5600 a month. It’s not possible to buy a house here anymore unless you have two incomes.
what if you get sick how will that money help you mate? You have no safety net
Some management executives are paid very high salaries which is way beyond the workers salary. Let the ceo forfeit part of his astronomical salary and give ot to the workers as they too contribute more than that of the one who is sitting on the top.
Support for the workers.
Seattle Times reports that part shortages for 777F are so critical that workers had to cannibalize some parts from finished 777X aircraft (There are about 30 finished or mostly finished 777X units).
As a result Boeing management is kind of ok with a not-too-long strike as it will provide the time to the suppliers to catch up.
There are 60 units of 777F in the backlog.
and over 400 777x backlog.
@@wil8115 True, but they cannot manufacture any more 777X before certification anyway.
@@user-yt198 incorrect. they have made quite a few already. production hasn't fully stopped, until the strike today. the 777F and 777X are made on the same line. i used to build them. ))
Not a sudden strike, Machinist 751 has been waiting to strike for last 3 years+.
Machinist clearly said "If Boeing gives them another contract, that takes away their benefits or perks they will go on strike."
Company is on 60 billion dollar debt and, all the higher ups are taking 10 million plus for their yearly salary. Boeing wonder why we are in debt
Machinist got only about 1 percent raise from 2008. With inflation at all time high, getting their Annual bonus taken away of course, its their time to get theirs.
Good on the Workers. Standing up to unrestrained corporate greed is the only real way to right the ship and the country.
Boeing already said last year that there would be no new plane designs until basically the 2030s.
Myself and several of my coworkers are ready to strike until January. Many people have hit the temp agencies and found part time jobs. There is no shortage of work in this area!
Good, Boeings workers deserve better
I usually don't suppose strike, but after learning Boeing worker's case. I support you guys 100%
Stop calling it Boeing. It is McDonnell Douglas in Boeing livery. Has been since 1997. MD brought it's failing business model with it. The logo says it all. MD/Boeing.
I've heard from ex-MD workers that the plague started with the McDonnell merger and their corporate culture.
nice lie the merger was in 1997, Jal 123 Us air 427 united 585 says it all
NAILED IT !! Stonecipher even admitted to turning Boeing from a "great engineering company" into a "business"... $51 BILLION in stock buy backs and share dividends payed out since 2012.. him and the Welch mentality board have almost ruined this company.
Boeing livery? No such thing.
@@AnotherPointOfView944 Shut up troll. If I used the wrong terminology, you know what I mean.
Nobody is happier than Calhoun right now.. he's happy he is no longer part of the madness..
Boeing is a shit show, low wages and low quality work and overpaid CEO's and bad management...thats a recipe for success!
There is nobody making low wages at Boeing .. Boeing workers get paid average 30 40 dollars an hour .Where else can you make that ..Try living on wal Mart wages,or anyplace else.Not low wages stop the rederic.
@@zsuzsannamartin6480 30-40 bucks isn't what it used to be
And they lost most of the benefits they had a decade or so ago.
Boeing is literally falling apart as the days go on
They had better give the workers what they want if they don't want any more doors popping off the plane!
Good on the boeing workers. Teach the company a lesson over the way they are treated.
This worked out good for Yellow freight, didn't it?
All my friends are Boeing employees. This is much needed with how bad Boeing screws over their employees! Go union go!
Don't let them push you around. Fight to survive
In the company where I worked one of our plants went on strike, wouldn’t compromise at all. The plant became the highest paid plant we had. Then there was a downturn and boom they were closed. Why? Because they were the most expensive to keep open.
Boing better be careful or they will price themselves out of a job.
That negotiating team should probably be polishing their resumes for recommending a contract acceptance with that percentage of reject/strike from the workers.
The worst part is that Boeing can just move its production to a unionless state (that such thing even exists in the USA baffles me) in the future and avoid strikes while offering miserable contracts to its employees. I hope time proves me wrong.
Fortunately, they tried that with SC, and all they get is drug addled rednecks who assemble planes that need to be fixed in seattle.
BRAVO TO THE UNION'S EMPLOYEES !
Reset relationship only after taking worker's benefits away. lmao
My husband is IAM-751, we are very happy 🎉
Fantastic decision by the workers.
Shared recovery? Where are the share profit?
well this will mix things up. Thanks SF
If it's Boeing, We aint Going.
Solidarity!!!
Timber! Oh, no , no. Boeing!
No better way to end a paycheck than striking. I have no idea what Boeing pays their people today, but they were considered a good company to work for at one time. Todays standards have changed at all levels of our society. The workers may very well have serious complaints. Best of luck dealing with that.
Like the UAW president said, Record Profits Equal Record Contracts.
Pay the people who actually make the company successful, not the CEO who hasn't seen a day of actual hard work.
Does the employees at the South Carolina plant have to keep working considering they are not unionized?
Yup, hopefully they don't get swamped by Boeing but I wouldn't want to be them right now
Boeing has not declared a dividend since 2020 (or even before, can't remember but 737 max grounding was a big hit). And it has contracts with airlines to deliver by a certain date which it can't meet because it made promises for production increases it cannot fulfill. Deliveries may not be profitable if accompanied by stiff "late delivery" penalties. I would have hoped the union would have given the new CEO some time to show his colours. On other hand perhaps he has shown his colours and hence the strike.
I would have hoped the union/Boeing would agree to substantial pay benefits once/when Boeing becomes profitable and until that time, management's pay would also be curtailed (even if just token move).
Just gets better and better for Boeing.
From plugs, to batteries, spacecrafts, engines on their wings, to software and now people.
Management living in Chicago need to become biz woke
And the prices of aircraft, air travel and air cargo continue to rise. Like taxes, you don’t demand more wages and benefits with the company paying for it. You get more pay and benefits with the customers paying for it. It is simple math. A company has to sell their product for more than it costs to make in order to stay in business.
Labour accounts for 5% of the cost of the aircraft, even if workwr wages doubled, you'd only get a 5% increase in cost. So now a 20mil airliner costs 21mil. For the consumer, the lions share of the ticket price is airport fees and fuel, very little of the capital costs (the only thing dependent on the cost of the plane)
Boeing workers have a good wage .Maybe they need the pention back yes to that .They have 401 .They get paid well. Not getting poor wages as they say.
At my work I would be happy to get 5% raise!
Pay them! Raise prices as necessary. Boeing needs top workers, Best planes. Airlines will pay for the best!
If you want to continue to attract top quality talent, you need to pay top quality wages. Vast majority of boeing workers start at less than a fast food worker. Should pay people more to build airplanes than to flip burgers.
Fighting Machinists dont give up guys!!!
Boeing should move this entire operation to South Carolina or Texas. Boeing is selling very few planes anymore, the company is in deep trouble. They are likely only making money from the government
They do have a plant in South Carolina, and many of their planes ended up being sent to Washington for repairs, guess that's not going to happen anymore
@@shamrock141 I know and it’s not a union shop. Imagine that!
@@jsmith101 pretty easy to imagine really, unions aren't widespread in the US
NO PENSION, NO WRENCHIN'! OUT THE DOOR IN '24!!! PAY YOUR EMPLOYEES A FAIR WAGE FOR THE WORK THEY ACCOMPLISH!
Remember boeing: without your worker ants 🐜.... your company means nothing..
It gets better and better.
Looks like Boeing might be building a new factory! If you know, you know!
That's a pipe dream
Doesn't look like a good environment any longer, maybe having to relocate ...
When you can’t trust the product ✈️✈️✈️you’re putting out to the public. How can you trust the company your WORK for???????
So union management negotiated a deal, recommended its ratification, and the rank-and-file rejected that recommendation by 95%? Yikes. It seems not only is Boeing’s BoD utterly useless, the union’s management team is equally useless. What a perfect storm of incompetence.
Don't forget to pay ur dues..burahhh
Boeing to hire more yet Taco Bell workers to make Starliner a success.
It is an expected shut down rather than sudden sudden shutdown .
CEO is going: We were planning to lay off half of you. Thanks for the help.
Umm, it might have been nice to have blurred out their WiFi password...
The sign at 0:53 😆
Geniuses! Their planes are falling apart in flight and they are not happy with a 25% raise and an increase in their benefits and a $3000.00 signing bonus.
After over ten years of stagnant wages, a 25% increase over 3 years doesn't even get close to matching inflation, much less that Boeing slashed their pension plan and benefits