Boeing's Labor Resolution Should Be A Wake-Up Call For Corporate CEOs [Forbes]
H&R Block, Inc. (HRB)
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Source: Forbes
In November 2024, the dust finally settled on Boeing's historic labor standoff after nearly two months of intense negotiations. In the face of union members' demand for a 40% wage increase, the aircraft company initially offered 25%, then claimed that 30% was its best, final offer. When it eventually upped its compromise to 35%, two-thirds of the union continued to hold their ground. The ultimate agreement, 38% across a four-year period, represents more than just a compromise. It's a testament to worker solidarity and a clear signal that token raises aren't sufficient. This saga speaks volumes about the shifting power dynamics in today's workplace. Boeing fell into a familiar trap. As executives fixate on results, they forget about the very people who drive those results. This is a critical cultural misalignment because employees' needs go beyond finances, and ignoring it can have substantial consequences. The Real Cost Of Cultural Disconnect Dissonance between leadership and e
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HRB
Earnings
- 11/7/24 - Miss
HRB
Sec Filings
- 11/12/24 - Form SC
- 11/8/24 - Form 4
- 11/8/24 - Form 4
- HRB's page on the SEC website