|
01-Sep-08 11:15 [Americas]
American jet firm faces strikes Boeing's "best and final" offer has been rejected by the Machinists' union, with the leaders of the group proposing a strike against their employers.
The company based in Seattle, Washington, offered its employees successive pay rises of five, three and three per cent over the next three years and an improved pension scheme as well as a minimum wage rise of $2.28 (£1.26).
However, the Associated Press reported that the unions were disappointed at prospects of job security, medical coverage and wages, something that the aerospace company disagrees with.
A company spokesman said: "We're extremely disappointed that the union is recommending that our employees reject what adds up to the best contract in the aerospace industry.
"We hope our employees recognise the value of this offer."
In related news, 1,500 workers at Los Angeles International Airport halted a day-long strike last Friday after taking issue with pay, healthcare coverage and member training.
Please click here for more news on pay and reward
Telecommunications and mobile phone company Motorola has announced that it is permanently freezing its defined benefit pension plans as well as suspending contributions to another plan.
Find out more>
New York's attorney-general Andrew Cuomo has urged executives of top companies to forgo their bonuses for the year, it has been revealed.
Find out more>
The Argentinean government has announced its surprise plan to nationalise its private pension system, causing chaos in the country's financial market.
Find out more>
|
