- Boeing offers staff 25% pay hike in bid to avoid strike
- The proposed contract has been praised by union leaders
- The deal will be voted on this Thursday by Boeing workers in the Seattle and Portland areas
- The deal also includes improved healthcare, retirement benefits and more
Boeing offers staff 25% pay hike in bid to avoid strike
Boeing is offering its workers a 25% pay raise over four years in an effort to prevent a strike that could halt production as soon as Friday. The proposed contract, which covers over 30,000 employees, has been praised by union leaders as the best deal they’ve ever negotiated.
The deal, set to be voted on this Thursday by Boeing workers in the Seattle and Portland areas, includes not just a pay increase, but also improved healthcare, retirement benefits, and a commitment to build Boeing’s next commercial airplane in the Seattle region. Union members will also have a greater voice on safety and quality issues.
Despite the union’s initial goal of a 40% pay hike, the International Association of Machinists and Aerospace Workers (IAM) is urging workers to accept the proposal, calling it “the best contract we’ve negotiated in our history.”