Boeing union backs sweetened contract offer that could end strike …

Boeing and its machinists' union have agreed on a new negotiated offer to raise worker pay and potentially end a crippling strike that began seven weeks ago with a vote on the new proposal set for ...

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Boeing Union Backs Sweetened Contract Offer That Could End …

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Nov 2, 2024 · It also gives workers the option of a $12,000 one-time ratification bonus or to choose a previous offer for a $7,000 ratification bonus and a $5,000 401(k) contribution. …

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Boeing Workers To Vote On New Wage Deal That Could End Strike

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Oct 19, 2024 · (Reuters) -Striking machinists at Boeing will vote Wednesday on a new contract proposal that includes a 35% pay hike over four years that could end a costly five-week-old …

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FAQs about Boeing union backs sweetened contract offer that could end strike … Coupon?

Will workers approve Boeing's sweetened contract?

Union leaders said it is recommending workers to approve the deal on Monday. Boeing union leaders are endorsing a sweetened contract offered by the airplane maker, signaling an end to a nearly seven-week strike that put a halt to the company's manufacturing operations. ...

What happened to Boeing workers deciding to accept a contract offer?

SEATTLE (AP) — The voting has closed for unionized factory workers at Boeing who were deciding Monday whether to accept a contract offer or to extend their strike, which has lasted more than seven weeks and shut down production of most Boeing passenger planes. ...

Will Boeing ratify a revised contract offer?

SEATTLE (AP) — Boeing is giving the union representing striking factory workers more time to consider a revised contract offer with bigger pay increases and more bonus money, but it was unclear Tuesday whether the union would schedule a ratification vote on the proposal. ...

Why did Boeing machinists reject a contract?

The contract rejections reflected bitterness that built up after union concessions and small pay increases over the past decade. 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. ...

Should union members accept Boeing Strike offer?

Still, union leadership is advising members to accept the offer and “lock in these gains and confidently declare victory.” Picket signs outside the Boeing factory in Everett, Washington, on the first day of the strike against the aircraft maker. ...

What happens if Boeing rejects a 3rd contract?

If members of the International Association of Machinists and Aerospace Workers vote for a third time to reject Boeing’s offer, it would plunge the aerospace giant into further financial peril and uncertainty. In its latest proposed contract, Boeing is offering pay raises of 38% over four years plus ratification and productivity bonuses. ...