'Strikes work!' Boeing union workers win tentative contract with 35% wage increase
5 months, 1 week ago

'Strikes work!' Boeing union workers win tentative contract with 35% wage increase

Raw Story  

Striking union members who work for the aerospace giant Boeing reached a tentative contract agreement Saturday after nearly 6 weeks on the picket line demanding better wages and benefits. The International Association of Machinists and Aerospace Workers District 751, which has been on strike since September 13, announced the breakthrough in a statement and Boeing also confirmed that a deal had been reached. The tentative agreement—which will have to receive a majority from union members before finalized—includes a 35% wage increase over four years of the contract, a larger signing bonus of $7,000, guaranteed minimum payouts in a new annual bonus program, and increased contributions to worker 401 retirement plans. "Like many workers in America, IAM members at Boeing have sacrificed greatly for their employer, including during the pandemic when these workers were reporting to the factory as executives stayed at home,” they wrote.

History of this topic

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