The GKN COLA, effective 16 October 2023 will be $0.14
The Boeing COLA, effective 10 November 2023 will be $0.13
Our IAM contract provides us with COLA benefits to protect our wages from the ravages of inflation. Our employers would not be providing these benefits, if we did not stick together to extract concessions from them at contract time. Solidarity and militant unionism got us our benefits and as Tacitus says.
“Great empires are not maintained by Timidity.” Tacitus
AD 56 – c. 120), Roman historian and politician. Tacitus is widely regarded as one of the greatest Roman historians by modern scholars.