On September 19, 2024, striking Boeing workers held a rally at the Boeing Portland plant in Portland, Oregon.
Jordan Gale | AFP | Getty Images
boeing company The company on Monday raised a contract offer it said was the “best and final” offer for its more than 30,000 mechanics as their strike halts much of the aerospace giant’s aircraft production. and has entered its second week.
Boeing said on its website that the new offer includes salary increases, the restoration of annual bonuses, and an increase in bonuses paid upon contract approval.
Boeing’s new proposal would increase overall pay by 30% over four years, up from the 25% previously proposed. It also doubled approval bonuses to $6,000 and reinstated annual bonuses.
The union, the International Association of Machinists and Aerospace Workers, had no immediate comment on the proposal. Boeing said the offer is subject to approval by 11:59 p.m. Pacific time on Friday.
The new offer is Boeing’s latest attempt to reach a deal with its machinists and end a costly strike, the union’s first since 2008. They turned down the first higher-wage contract because they wanted their wages to keep up with the steep rise in the cost of living in the Seattle area.
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