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On October 14, Boeing announced layoffs affecting thousands of workers. [10] On October 31, the union backed a new contract that included a 38% wage increase over four years, plus a choice between a $12,000 ratification bonus or a combination of a $7,000 bonus and a $5,000 401(k) contribution. [11]
Sixty-four percent of workers voted against the new contract, according to the International Association of Machinists and Aerospace Workers (IAM), the union representing 33,000 Boeing workers in ...
The latest proposal from Boeing includes a 35 percent wage increase over four years and reinstates an incentive pay plan, with a guaranteed minimum annual payout of 4 percent. The union, which ...
The strike by 33,000 workers at Boeing will continue after rank-and-file union members ... Union machinists wave signs next to company's factory in Everett, Wash., on Tuesday, Oct. 22, 2024 ...
Over 32,000 machinists at Boeing are represented by IAM, ... 2024 at 9:11 PM. ... Demands from the union include a 40% wage increase, better pension plans, commitment by Boeing to building its ...
(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 strike, the company and ...
Boeing and its largest union are entering the last week of contract negotiations before a threatened strike by more than 30,000 workers who build the planes that carry millions of airline ...
Boeing’s most recent offer included 25% general wage increases over a four-year deal and was endorsed by the machinists union, the International Association of Machinists and Aerospace Workers ...