Machinists continue to spread misinformation on wages and compensation.
We have the example of the contract that the IAM actually negotiated right here in North Charleston with our former Vought teammates. Despite identical promises of wages comparable to a market 3,000 miles away, what they delivered instead was a contract full of wage and benefit takeaways.
Wage rates are not independent of the job market in a specific location, and maintaining a reasonable relationship to that market is critical to remaining competitive. The IAM’s contract in Kinston, North Carolina, acknowledges this with a written commitment to “maintaining wages and a wage structure that is fair to employees and competitive within the local market.”
We’re proud of that fact, but we’re even more proud of the amazing work our teammates do every day that has enabled our business to grow while providing more opportunities for today and tomorrow!