IAM751 Union Urges Individual Strike Funds for Boeing 2024 Negotiations

Bonnie Johnson - Monday, December 30, 2019
IAM751 Union Urges Individual Strike Funds for Boeing 2024 Negotiations

Boeing Urges Individual Strike Fund for 2024 Negotiations

Boeing’s touch-labor union, the International Association of Machinists District 751 (IAM 751), introduced a campaign for individual strike funds last week, in preparation for the 2024 contract negotiations.

Boeing employees are encouraged to begin payroll deductions of $50 per paycheck, in order to accrue $6k between now and when talks begin. The motivation behind the movement is to have a workforce that is financially solvent to the point of being able to withstand the cost stress of facing long weeks of negotiation.

The union put up a stub page on their website and Facebook, rallying workers to create their own Individual Strike Fund, found here.

From the website: “Personal savings are always necessary should we face a decision on whether to strike or not. Remember, the goal is always to achieve a contract offer that we can accept. In order for our members to be in the best bargaining position, personal savings are key to confidence and security when it matters most.”

“Our strength at the bargaining table when we face The Boeing Company in 2024 is a direct reflection of solidarity and preparation of our membership. The time to plan for a strong future is NOW! Start your Individual Strike Fund (ISF) savings account today with a new payroll deduction to savings to give us strength in 2024!”

Crucially, the 737 MAX crisis is now at play. Whereas prior negotiations had pitted union givebacks against opposed long term contract targets, strategy on both sides is now on shakier ground. Leeham News reports that Boeing is currently $10b into costs and losses, which may double while the 737 MAX awaits recertification and is allowed back into service.




Attribution goes to Leeham News and Boeing.com for 737 winglet image.



Legion Bluff Everett Historic Theatre racing Silver Lake, Washington Gym Lake Stevens Everett Transit Startup Broadway Snohomish Navy Flying Heritage Popcorn in the Park Pioneer Place Gabe Maggio Paine Field Cascade Bicycle Club Bethany Everett Library Casino Road Initiative Rotary of Port Gardner Arlington Monte Cristo Students rodeo Everett Fire Department Health Jacob Hilkin community Washington State University Boating Season Everett Ana Perdomo Tim Hunter Archery Edmonds Carl Gibson Senior Center WSDOT Rotary of Arlington Legion Park WW2 Marysville Sky Valley polygraph Olympics Marysville Fire Department Boating Skagit County News Tankfest USO Arts USS Sampson Snohomish County PUD soccer Everett News History Beer and wine Everett PD Recruitment Ellensburg rodeo Kayla Lemmon Lineup Boeing Cassie Franklin auction Bayside Bikes Marvel Rucker band Everett Police Department DUI Show Everett High School Snohomish County News Funko Everett Jets FC Coastal Community Bank IPO KRKO Weather wildlife Everett Metro Plan Interview Girls on the Run Snohomish country music Everett Naval Base Grand Opening DC USS Ralph Johnson Elders Harry Potter Rotary of Port Pardner Nathan Senff Mount Vernon Legion Glacier Peak Highway 2 Trestle Kla Ha Ya Days Monroe Jet City Jim Creek Marysville Pilchuck Granite Falls Leonard J. Martin biking JJ Harrison Paine Field Aviation Day Paws With Cause Marysville Getchell Lakewood Ferndale Team USA ronald mcdonald house Habitat for Humanity ChildStrive La Conner Nascar Mayor Cassie Franklin fire Lynnwood Darrington Maury Eskenazi Dagmar's Marina Smoke alarms Memorial Day Everett Community College Compass Health Building Communities of Hope skagit Lowell Batman