Boeing strike ends as machinists accept contract with 38% pay …

Nov 5, 2024 · Boeing's machinists voted to accept the company's latest contract offer, ending a strike that began on Sept. 13. The latest contract promises a 38% pay increase over four …

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Boeing Strike Ends As Machinists Accept Contract With 38% Pay …

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Nov 5, 2024 · Boeing's machinists voted to accept the company's latest contract offer, ending a strike that began on Sept. 13. The latest contract promises a 38% pay increase over four …

usatoday.com

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Boeing Strike Ends After Machinists Approve New Labor Contract …

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Boeing said machinist pay will average $119,309 at the end of this contract proposal. The first wage increase will be 13%. The contract also increases 401(k) contributions and a signing …

msn.com

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Boeing Machinists End Strike After Approving Labor Contract With …

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Boeing machinists voted 59% in favor of the new contract on Monday, ending a costly strike. The deal offers 38% in raises over four years. The company's more than 32,000 unionized …

msn.com

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Boeing Machinists End Strike And Approve New Contract : NPR

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Nov 5, 2024 · The last time Boeing machinists went on strike in 2008, the work stoppage lasted for close to eight weeks, costing the company an estimated $2 billion. The economic damage …

npr.org

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Boeing Machinists End Strike. Here's What They Won In Wages, …

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Nov 5, 2024 · Less than two weeks ago, 64 percent of union members voted no on a company proposal that included a 35% raise and $7,000 signing bonus. The strike began Sept. 13 after …

detroitnews.com

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Boeing Factory Strike Ends As Machinists Vote To Accept Contract

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Nov 5, 2024 · The strike began Sept. 13 with an overwhelming 94.6% rejection of the company’s offer to raise pay by 25% over four years — far less than the union’s original demand for 40% …

yahoo.com

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Boeing Machinists End Eight-week Strike With 38% Pay Increase, …

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Nov 5, 2024 · Its machinists union in the Pacific Northwest ended a nearly eight-week strike after securing a 38% pay increase and pledge for the next plane to be built in the region, averting …

justthenews.com

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Boeing Factory Strike Ends As Machinists Vote To Accept Contract

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The strike began Sept. 13 with an overwhelming 94.6% rejection of the company's offer to raise pay by 25% over four years - far less than the union's original demand for 40% wage …

msn.com

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Boeing Machinists' Bumper Pay Packet Is Just The Latest Win For ...

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Nov 5, 2024 · Boeing said the average pay for machinists, currently $75,608, would rise to $119,309 by the end of the contract. The union said the wage increase would compound to …

businessinsider.com

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Boeing Factory Strike Ends As Workers Vote To Accept Contract

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Nov 5, 2024 · The average annual pay of Boeing machinists is currently $75,608 and eventually will rise to $119,309 under the new contract, according to the company. The union said the …

mromagazine.com

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Boeing Machinists Vote To End Strike After 53 Days - The Hill

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Nov 5, 2024 · Boeing machinists voted Monday to end a strike that has hobbled the company for the past 53 days, securing a 38 percent wage increase over the next four years and a $12,000 …

thehill.com

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Boeing Machinists Approve Contract, End Strike | The Week

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Nov 5, 2024 · The new contract will raise machinists' average annual pay to $119,309, from $75,608, including benefits but not overtime, Boeing said. The company originally offered a …

theweek.com

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Boeing Workers Vote For 38% Pay Rise Deal To End Costly Strike

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Nov 5, 2024 · The workers on Monday accepted a 38 per cent pay rise over the next four years, representing a significant win for the 33,000 members of the International Association of …

ft.com

FAQs about Boeing strike ends as machinists accept contract with 38% pay … Coupon?

Will striking Boeing machinists return to work tomorrow?

Striking Boeing Machinists will start returning to work tomorrow after voting for a new contract with substantial wage increases. The 33,000 Seattle-area Machinists voted 59 percent to accept, just two weeks after two-thirds of them voted to reject a slightly worse contract. ...

How much did the Boeing machinist strike cost?

The last time Boeing machinists went on strike in 2008, the work stoppage lasted for close to eight weeks, costing the company an estimated $2 billion. The economic damage this time may be even larger. KUOW's Casey Martin contributed reporting from Seattle, and Joel Rose reported from Washington, D.C. ...

How long did the Boeing machinist strike last?

The labor standoff — the first strike by Boeing machinists since an eight-week walkout in 2008 — was the latest setback in a volatile year for the aerospace giant. The 2008 strike lasted eight weeks and cost the company about $100 million daily in deferred revenue. A 1995 strike lasted 10 weeks. ...

Why did Boeing reopen after a 58-day strike?

After a 58-day strike in 2008, Boeing forced contract reopeners in 2011 and 2013 by threatening to move work away to non-union plants. When workers in 2013 overwhelmingly rejected a concessionary contract that did away with their pensions, politicians and newspapers howled that the stupid Machinists had voted themselves out of a job. ...

What does Boeing's new contract mean for machinists?

Machinists voted 59% in favor of the new contract, which includes 38% wage increases over four years and other improvements. The approval is a relief for Boeing’s new CEO Kelly Ortberg, who took the top job in August to steer the company through its safety and manufacturing crises. ...

Did Boeing workers win a 38% pay rise?

Striking Boeing workers voted to accept a deal with a 38% pay rise. The latest big victory for US labor unions could inspire others, despite the tense process. "Over the last four years, we've shown collective bargaining works," President Joe Biden said. ...