Jerry Calhoun
Jerry Calhoun
best cash company employees enhances incentive includes investment offer option packages plan program receive rewarding roll total voluntary year
This offer enhances one of the best total compensation packages in our industry. It includes two substantial cash payments during the first year of the contract; an option to roll one of these payments into the Voluntary Investment Plan and receive a company match; and an incentive compensation program rewarding IAM-represented employees for their contributions to the company's success.
available cash employees hearing incentives lump money offering prefer rather responding retirement spend sum throughout union wage
Throughout these negotiations, we've been hearing from employees and their union representatives that ... they would prefer that we spend available money on retirement programs, incentives and lump sum cash payments rather than offering wage increases. With this offer, we are responding to that input.
concept discussion received
During these negotiations, there has been a lot of discussion about pensions. What hasn't received much discussion is the concept of balance,
needs package provided total
Boeing has always provided a competitive package of total compensation that addresses the needs of all employees.
bargaining believe collective denies employees exercise integrity move process undermines
We believe this move undermines the integrity of the collective bargaining process and denies IAM-represented employees the right to exercise their vote,
believe confidence employees express faith mind offer ought speak vote
I believe that our employees ought to be able to vote on the offer we've presented, ... I have faith and confidence in the employees of Boeing that they're going to speak their mind and they're going to express their wills.
balanced compares contract offer presented recent respects team
The offer we presented is balanced and competitive, respects the contributions of our team and compares favorably with recent contract settlements in our industry.
above balanced contract discuss offer proposals reasonable remain willing
The contract offer that we made to the IAM is respectful, balanced and well above market. We remain willing to discuss reasonable proposals around that offer.
finally ready
I think we're finally ready now to take that first step,
bring gets outside
It gets real outside on the street. Then they bring it in here.
ability believe continue depends enhance improve included job offer overall provisions quality security several
Our overall offer included several provisions to enhance job security. Still, we continue to believe that job security depends on our ability to improve quality and productivity.
chances
The chances of that (continuing production) are slim.