Boeing machinists vote on contract to end 7-week strike | AP News

Nov 5, 2024 · 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 …

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Machinist Union Votes To Approve New Boeing Contract, Averting …

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Aug 4, 2022 · The union said the rejected contract offer would have dropped the 4% automatic contribution in 2023 in favor of 2% lump sums at the end of the year for employees on the …

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Boeing’s ‘final’ 30% Pay Hike Offer Isn’t Good Enough, Union Says

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Sep 24, 2024 · Boeing said Monday it made a “best and final offer” to striking machinists that includes bigger raises and larger bonuses, but the workers’ union said the proposal isn’t good …

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Machinists Approve Latest Boeing Contract Offer, Ending Strike

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Nov 4, 2024 · Boeing offered workers a one-time bonus of $12,000 to ratify the deal, up from previous offers of $7,000 and $3,000 before that. The company has also reinstated a popular …

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Strike Ends As Machinists Approve New Contract With Boeing

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Nov 5, 2024 · Union members walked off the job on September 13 after rejecting by a 95% margin Boeing’s initial offer for 25% wage gains over four years. Boeing next offered a 30% …

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Boeing Is Making A New Offer To The Union In Hopes Of Ending A

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The union said the Boeing offer would increase pay by 35% over four years, up from 30% that the company offered last month. It also boosts the ratification bonus to $7,000 per worker instead …

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Striking Boeing Union Endorses 38% Wage Hike Offer, Vote Set For …

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Oct 31, 2024 · Boeing's latest offer includes a $12,000 ratification bonus, the IAM said in a statement. It combines a previously offered $7,000 ratification bonus and a $5,000 lump sum …

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Machinist Union Strike To Go On After Members Reject Boeing Offer

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Boeing’s offer included pay raises of 35% over four years. The version union members rejected when they voted to strike last month featured a 25% increase over four years.

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FAQs about Boeing machinists vote on contract to end 7-week strike | AP News Coupon?

Did union machinists accept Boeing's new contract offer?

Union machinists voted on Monday to accept the company’s latest contract offer, which includes a 38% pay raise over four years. Eep Bolaño listens as IAM District 751 president Jon Holden announces that the union voted to accept a new contract offer from Boeing, Monday, Nov. 4, 2024, at their union hall in Seattle. (AP Photo/Lindsey Wasson) ...

Will Boeing ratification vote increase pay?

The International Association of Machinists and Aerospace Workers said early Saturday that it plans to hold a ratification vote on Wednesday. The union said the Boeing offer would increase pay by 35% over four years, up from 30% that the company offered last month. It also boosts the ratification bonus to $7,000 per worker instead of $6,000. ...

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. ...

Why did Boeing raise $24.3 billion?

The latest offer, presented on Thursday, comes at a critical moment for Boeing, which this week announced it would raise up to $24.3 billion to shore up its battered finances as a seven-week strike by more than 33,000 U.S. West Coast factory workers worsens its cash burn. ...

Did machinists vote down a Boeing deal?

Machinists voted down another offer — 35% raises over four years, and still no revival of pensions — on Oct. 23, the same day that Boeing reported a third-quarter loss of more than $6 billion. However, the offer received 36% support, up from 5% for the mid-September proposal, making Boeing leaders believe they were close to a deal. ...

What happens if Boeing's proposal is rejected?

Union officials said they achieved all they could though bargaining and the strike, and that if the current proposal is rejected, future offers from Boeing might be worse. They expect to announce the result of the vote late Monday. ...