Feb. 12, 2021 - Today, the company announced that the final AMPP bonus for 2020 would be 1.2%. The payout will occur on your Feb. 25th paycheck.
This bonus reflects a max payout for the safety metric only (prior to Committee meetings Boeing was set to pay just .6% for safety). However, the payout does not acknowledge the hard work IAM 751 members accomplished during unprecedented circumstances in 2020.
Boeing retooled the bonus metrics for management and nearly every other payroll except ours, in order to ensure they rewarded other payrolls for their hard work in 2020. This same consideration should have been given to IAM 751 members as well. This didn’t happen.
Our AMPP committee was able to successfully argue for a higher payout in the safety metric; unfortunately, other arguments did not result in an increase.
We also argued that while it is important to recognize the work of every other payroll, it was just as important to recognize the hard work of our members as well. Our work should not be discounted. This fell on deaf ears.
You all deserve better than this. Working through a pandemic, risking your own health as you continue to bring value to the Boeing Company every day.
I want to commend our membership for always pushing forward, for being the stability during an unstable year. Thank you for being patient as the AMPP committee continued to advocate on your behalf. Clearly, you all deserve better.
I also want to thank our AMPP committee for their diligence and efforts on behalf of our members. Again, the 1.2% payout will be on your Feb. 25th paycheck. Any members who were laid-off, took the VLO or retired during 2020 will receive the payout based on their 2020 earnings (excluding layoff/severance benefits).
Jon Holden, IAM District 751 President
YouTube video links to two Town Hall Sessions Dec. 15th regarding: New Airplane Program, Layoffs, 787 and Contract
4PM Session - https://youtu.be/sxVCg-bxdsc and the 11 am session - https://youtu.be/C8uO37XDaHw
The Dec 2020/Jan 2021 Aero Mechanic paper is available online.
View Aerospace Analysts Panel - District 751 was proud to be the Zoom webinar host on Dec. 8th for The Future of Boeing and U.S. Aerospace Independent Aerospace Analysts Panel featuring Richard Aboulafia, Ron Epstein and Kevin Michael, which was moderated by Glenn Farley. The focus of the discussion was on future dynamics, from the independent analysts’ perspectives, for The Boeing Company and U.S. aerospace more broadly.
Here is a link to the panel telecast from Dec. 8th courtesy of TVW: https://www.tvw.org/watch/?clientID=9375922947&eventID=2020121098
We are also attaching the slides that Richard Aboulafia discussed, as well as the 2019 Aerospace Competitiveness Economics Study (ACES) that is referenced in the panel discussion.
Thanks again for your interest in this event.
Nov. 16, 2020 - Effective Dec. 11, 2020, a 17 cent cost-of-living adjustment (COLA) will be added to the hourly wage rate for IAM members at Boeing. The 17 cents was generated for the quarter August, September, and October 2020. COLA is generated quarterly under the IAM contract and is based on the federal government’s Consumer Price Index. Click here to view a video showing the math on how to calculate COLA under the IAM-Boeing Contract
Oct. 15, 2020 - Thanks to all the members who took part in Local A and Local F elections. This was our first all mail-in ballot due to COVID. Ballots were counted today at the Seattle Union Hall. Pdfs below show voting results. Winners are in red and bold with the percentage of votes they received against total votes cast in that local. Members voting didn’t necessarily vote for all available positions, which is why no position received 100% of the votes. If you have any questions, please contact District Secretary-Treasurer Susan Palmer at 206-764-0310.
Oct. 1, 2020 - Boeing Decision to Consolidate 787 Production is Wrong
Click here for District 751 President Jon Holden's statement on the decision