Over 30,000 Boeing workers have been on strike since September 13.Stephen Brashear/Getty ImagesBoeing and union leaders have reached a deal that could end a weekslong strike.The proposed deal includes a 35% general wage increase spread over four years.The strike, which began September 13, has halted much of Boeing's production.Boeing and leaders from a union representing striking machinists have reached a deal that could end a strike that has lasted over a month.The International Association of Machinists and Aerospace Workers Local 751 said on Saturday that it had received "a negotiated proposal and resolution to end the strike" with the help of Acting US Secretary of Labor Julie Su.It said members would vote on Wednesday on the contract deal, which includes a 35% general wage increase spread over four years, a one-time ratification bonus of $7,000, and enhanced contributions to 401(k) retirement plans.About 33,000 Boeing workers have been on strike in the Pacific Northwest for over a month, halting much of Boeing's production.
Boeing And Union Leaders Reach Tentative Deal To End Strike
nrennolds@insider.com (Nathan Rennolds,Lauren Edmonds), Business Insider
Sat, 10/19/2024 - 8:19am
Topics: september 13.stephen brashear/getty imagesboeing international association machinists aerospace workers local acting us secretary labor julie su pacific northwest america federal aviation administration max january alaska airlines flight cst-100 starliner international space station boeing ceo kelly ortberg october business insider boeing september reach deal strike employees company wage increase received spread general includes lost statement proposal vote difficult began memo wrote
BING NEWS:
- Boeing union is set to vote on a new contract deal, possibly ending strike
The latest proposal includes a 35% general wage increase over four years — bringing it closer to the union's original ask for 40%. Boeing previously offered a 25% raise over the life of the contract.
10/19/2024 - 6:45 am | View Link - Tentative Deal Announced To End Boeing Strike, Union Will Vote Wednesday
A preliminary agreement was reached to resolve the five-week strike at Boeing, the troubled aircraft manufacturer. The union informed its 33,000 striking members early Saturday.
10/19/2024 - 6:38 am | View Link - Boeing, union reach tentative agreement to halt strike
A tentative agreement has been reached between Boeing and the roughly 33,000 machinists that went on strike last month, the union announced Saturday. “We are finalizing the strike settlement agreement ...
10/19/2024 - 6:35 am | View Link - Boeing, machinists union reach tentative deal to end 5-week strike
Boeing reached a tentative deal Saturday with its unionized machinists to end a strike that has dragged on for more than a month, delaying production and leading to thousands of layoffs, union ...
10/19/2024 - 6:34 am | View Link - Boeing Union Says It Will Vote on New Proposal to End Strike
The deal reached by the machinists union, which represents more than 33,000 workers, would cumulatively raise wages by nearly 40 percent over four years, according to details shared by the union.
10/19/2024 - 6:09 am | View Link - More
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