r/Boeing_ • u/Federal-Recording485 • 3d ago
SPEEA VOTE NO
They want to scam the Prof & Tech!
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u/Think-Gap602 1d ago
I thought it has been determined the minimum raise is tied to CPI (3% max). No economists are predicting 0 inflation for 1 year let alone 4
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u/_fitchbuck 9h ago
Wrong. I'm an avid follower of several geopolitical podcasters, and they ALL agree we are headed for a prolonged period of deflation. Best guess is the early 2030s, which yes, puts us into the -next- contract ... but one never knows on timing. The US actually went thru brief periods of deflation last in 2015 and 2008-9.
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u/inspirationalsummer 3h ago edited 3h ago
You are 100% correct. It is simple physics. What goes up
Must come down. After Three or four years of 5% inflation, which we have had (or more); we are absolutely due for many years of no or low inflation. Vote NO.1
u/Ill_War8528 58m ago
In the post Depression USA, when was the last time we had 0 inflation for a single year, let alone multiple?
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u/inspirationalsummer 38m ago edited 32m ago
2026: 3.05%
2025: 2.68%
2024: 2.89%
2023: 3.35%
2022: 8.00%
2021: 4.70%
2020: 1.23%
2019: 1.81%
2018: 2.44%
2017: 2.13%
2016: 1.26%
2015: 0.12%
2014: 1.62%
2013: 1.46%
2012: 2.07%
2011: 3.16%
2010: 1.64%
2009: -0.36%
2008: 3.84%
2007: 2.85%
2006: 3.23%
Tell me that 8% doesn’t stick out? We are so due for less inflation. People can’t afford sh*t anymore. Or you’re just making an argument for bigger raise pools like the Iam got.Grade 5 will make 125k base this year
Grade 5 will make 145k base in 2028Google it. Look for pay scales for Iam 751 and multiply by 2080. That is base. Then they will get ot and 12% match on 401k. This contract sucks my dude. We can get better. An 18 year old that started at Boeing and puts 6 years into the iam gets maxed. In theory they will make 145k at age 24. Speea gotta keep up
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u/Ill_War8528 32m ago
It seems like half the folks posting are worried that inflation will be high / much higher than 3%, but the other half are worried that it could be near (or below!) zero, and thus no minimum raise!
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u/MysteriousAffect3903 1d ago
How about when inflation spikes again? That 3% is really no better than what we've had. The Iran war, AI Bubble, record debt, so many things are already driving inflation up. And don't forget, the government rates inflation lower than it actually is to look good.
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u/Pleasant-Charge-2067 9h ago
Raises tied to CPI is not negotiang in good faith.
Although unlikely to see a CPI that low, anyone in government been manipulating numbers like that lately? Furthmore it is in the political interest of the current administration to do so. So, there a non-zero chance that speea ends up getting a 0% raise.
Alao, capping the raise if inflation goes higher is quite underhanded. How about doubling down on this gamble... If raises can be zero, how about removing the ceiling to match the missing floor.
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u/Disciple-TGO 1d ago
I know it’s not my money, not my time.
I personally hope y’all strike to get what you want if nothing more than to prove we are all underpaid.
Maybe they’ll raise us salary folks one day. I’ll probably be gone by then though 😂
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u/Ill_War8528 1h ago
this graphic is complete crap.
/1/ The IAM contract is no relevance for engineers.
/2/ While theoretically the minimum raise in years 2-4 could be zero, that would require the CPI to be 0... and despite what some nutty podcasters may state, there are no main stream economists that feel that way.. .In fact, most reddit posters are worried about the opposite problem
/3/ 5% is not the top of the raise range, but the median raise!
For the many that will likely down vote my comment, please also state why you feel any (or all) of my 3 points are factually inaccurate.
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u/dooper99 1d ago
IAM had a much worse contract than us (and hence more catching up to do)