Wednesday, September 03, 2008

Profits and wages

I'm catching up with the fight at Boeing! http://www.boeing.com/2008negotiations/

Its actually between shareholders and employees, notably both are beneficiaries to the profit Boeing makes. And each of them are demanding their rightful share.

Employees spend their lifetime with Boeing that makes profits; while shareholders invest in Boeing to make profits. One is a long term relationship, and the other relatively short. Both, necessarily needs the company to make profit. Both, need the money to support themselves and their family- cover Living costs, plan for Pensions, and health care.

The Company ( represented by Boeing's management), that stands between Employees and Investors is challenged in such a position. Interestingly, it is always easier to deal with employees, as this group is small and easier(?) to handle between these two.

As I stand to watch the events that will unfold in a couple of days from now ( Boeing employees goes today for a crucial negotiation vote today), it will be interesting to apply these learning in one's life.



In this knowledge and information era, with what importance will you devote your time to track your investments and with what to be a proud employee of your company.