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After being rocked by years of quality and safety issues, Boeing is changing the bonus formula it uses to pay more than 100,000 nonunion employees. Instead of basing most of white-collar employees ...
Under the new annual incentive plans, which will cover executives, managers and employees, safety and quality metrics will now account for 60% of the payout at Boeing's commercial unit, the ...
Boeing's new tentative labor contract offers a 25% increase to Seattle employees over four years. Some union members are unsatisfied with the new contract, which falls short of their ask: a 40% ...
BECU is an American credit union based in Tukwila, Washington, in the Seattle metropolitan area.It was named the Boeing Employees' Credit Union for much of its history and originally served employees of The Boeing Company.
Well, for one thing, the 401(k) benefits Boeing offered were pretty generous -- at most, a 10% company contribution plus a 75% employer match on employees' voluntary contributions up to 8%.
Boeing knows what they have to do to settle this strike – recognize the value of the work and the contributions to the company by these employees,” Bryant told CNN.
(Reuters) -Boeing increased its wage proposal to tens of thousands of striking workers on Monday, offering a 30% general wage increase over four years in what it called its "best and final" offer ...
The union also wanted to restore traditional pensions that were axed a decade ago but settled for an increase in new Boeing contributions to employee 401(k) retirement accounts of up to $4,160 per ...