Boeing machinists to vote on new proposal with 35% raises that could end strike
Boeing machinists to vote on new proposal with 35% raises that could end strike
www.cnbc.com Boeing machinists to vote on new proposal with 35% raises that could end strike
The IAM will vote Wednesday on the new proposal which includes 35% wage increases over four years, a higher signing bonus of $7,000 and more.
- Boeing and its machinists' union have reached a new contract proposal.
- The deal could end a more than month-long strike that has hobbled the manufacturers' production.
- The new proposal includes 35% wage increases over four years, a higher signing bonus of $7,000, guaranteed minimum payouts in an annual bonus program and higher 401(k) contributions.
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This is great. I'll keep honking my horn when I drive past the protest. They always wave back and haven't seen a single day without at least someone holding a sign on the two intersections before the Boeing facility. It's good to see them sticking to their guns and drawing a line.