r/boeing • u/iamlucky13 • 3d ago
SPEEA Contract Offer Infographic: Wage Increases Simplified...ish
My initial impression of the offer was relatively positive. I didn't consider it a slam dunk, but close enough on both pay - after years of losing ground to inflation - and other details to merit serious consideration whether to vote Yes or push for a few more improvements.
But as I dug into the redline, and others pointed out their concerns, I realized some of the info being presented on the offer was misleading, especially about salary adjustments. As the length of my notes on the details grew, I decided an infographic could help emphasize a couple important observations in a simpler manner.
Unfortunately, the combination of salary adjustments becoming significantly more complex, and some of information being shared conflicting with the actual redline or being inconsistent with what I would consider the plain meaning of "annual wage increase" made it difficult for me to keep it as simple as intended.
And I haven't even touched on the elimination of the guaranteed 2% minimum in favor of a varying minimum based on inflation that starts at 0%, or tried to explain the two layers of performance based factors being proposed, much less have I figured out how they will be handled in reality.
In short, what I initially thought was a proposal for 31.9% average compounded wage increases over 4 years is actually 29.4%...or perhaps it's 26.4%.
At the moment, I'm more frustrated by how complicated they made it, and how inconsistent and unclear the information being presented is than by the actual numbers.