101toNews@lemmy.worldEnglish·1 month agoBoeing factory workers go on strike after rejecting contract offer.(www.voanews.com)external-linkarrow-up1152arrow-down11message-square10fedilink
arrow-up1151arrow-down1external-linkBoeing factory workers go on strike after rejecting contract offer.(www.voanews.com)101toNews@lemmy.worldEnglish·1 month agomessage-square10fedilink
minus-squareatzanteolEnglisharrow-up4arrow-down10·1 month agolinkfedilinkThat’s an extra $10,400/year.
minus-squareKroxxarrow-up13arrow-down0·1 month agoedit-21 month agolinkfedilink1.25×40×52= +2,600 per year before taxes, they would hit +10k after 4 years which almost certainly won’t keep up with inflation. So at best they would have equal spending power to when the 4 year period started
minus-squaresunbrrnslapperarrow-up3arrow-down0·1 month agolinkfedilinkIt is roughly 5% increase each year, right? Inflation in Seattle is about 3.1% - so it is a very meh offer from the business.
minus-squareatzanteolEnglisharrow-up2arrow-down0·1 month agolinkfedilinkSorry, what rate do you think inflation is at? More than 25% over 4 years?
That’s an extra $10,400/year.
1.25×40×52= +2,600 per year before taxes, they would hit +10k after 4 years which almost certainly won’t keep up with inflation. So at best they would have equal spending power to when the 4 year period started
It is roughly 5% increase each year, right? Inflation in Seattle is about 3.1% - so it is a very meh offer from the business.
Sorry, what rate do you think inflation is at? More than 25% over 4 years?