101@feddit.org to News@lemmy.worldEnglish · 5 days agoBoeing factory workers go on strike after rejecting contract offer.www.voanews.comexternal-linkmessage-square10fedilinkarrow-up1152arrow-down10
arrow-up1152arrow-down1external-linkBoeing factory workers go on strike after rejecting contract offer.www.voanews.com101@feddit.org to News@lemmy.worldEnglish · 5 days agomessage-square10fedilink
minus-squareToes♀linkfedilinkarrow-up17arrow-down3·5 days ago25% over 4 years? So if you’re making 20$/hr you’ll be getting a ~1.25$ raise every year. How generous…
minus-squareatzanteol@sh.itjust.workslinkfedilinkEnglisharrow-up4arrow-down10·5 days agoThat’s an extra $10,400/year.
minus-squareKroxx@lemm.eelinkfedilinkarrow-up13·edit-25 days ago1.25×40×52= +2,600 per year before taxes, they would hit +10k after 4 years which almost certainly won’t keep up with inflation. So at best they would have equal spending power to when the 4 year period started
minus-squaresunbrrnslapper@lemmy.worldlinkfedilinkarrow-up3·5 days agoIt is roughly 5% increase each year, right? Inflation in Seattle is about 3.1% - so it is a very meh offer from the business.
minus-squareatzanteol@sh.itjust.workslinkfedilinkEnglisharrow-up2·4 days agoSorry, what rate do you think inflation is at? More than 25% over 4 years?
25% over 4 years? So if you’re making 20$/hr you’ll be getting a ~1.25$ raise every year. How generous…
That’s an extra $10,400/year.
1.25×40×52= +2,600 per year before taxes, they would hit +10k after 4 years which almost certainly won’t keep up with inflation. So at best they would have equal spending power to when the 4 year period started
It is roughly 5% increase each year, right? Inflation in Seattle is about 3.1% - so it is a very meh offer from the business.
Sorry, what rate do you think inflation is at? More than 25% over 4 years?