Overall, Gen Z workers are entering the workforce with a lower level of trust in their employers compared to previous generations. They value flexibility, transparency, and control in their relationship with work, and are not as loyal to traditional career paths. Communication is key for building trust with Gen Z employees, who prefer working in … Read more
Boeing had a challenging day that was expected to improve on Wednesday night. However, it did not as more than 32,000 striking factory workers rejected Boeing’s latest contract offer after the company reported a $6 billion loss for the quarter. With production at Boeing’s facilities in the Pacific Northwest halted, the company’s bargaining power seems … Read more
Reaction Engines, the British hypersonic aviation pioneer, has moved to reassure employees that they will be paid this month as talks aimed at rescuing the company continue. Sky News understands that staff at Reaction Engines were told this week that it would meet its payroll obligations for October amid growing doubts about its survival. The … Read more
Boeing workers who are on strike have turned down a new offer from the company, which included a 35% pay increase over four years. The International Association of Machinists and Aerospace Workers (IAM) union stated that 64% of its striking members voted against the proposed deal. Over 30,000 of Boeing’s employees have joined the strike, … Read more
Striking Boeing workers have rejected a labor deal that would have increased pay by 35% over four years, the machinists union announced on Wednesday night. This means that the work stoppage at the Dow Jones aerospace giant will continue. Approximately 64% of union members who voted on Wednesday opposed the tentative agreement that was reached … Read more
“ By David Shepardson (Reuters) – Striking machinists at Boeing will vote on a new contract proposal on Wednesday, which includes a 35% pay hike over four years that could potentially end a costly strike that has been ongoing for five weeks, as announced by the company and union on Saturday. Approximately 33,000 of Boeing’s … Read more
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