On October 23, during an ongoing strike in Renton, Washington, Boeing workers from the International Association of Machinists and Aerospace Workers District 751 gathered on a picket line near the entrance to a Boeing production facility to vote on a new contract proposal. Year.
David Ryder | Reuters
boeing company and its machinists union have agreed on a new bargaining proposal to boost worker wages and potentially end a crippling strike that began nearly seven weeks ago, with a vote on the new proposal scheduled for Monday.
The union urged workers to ratify the contract.
“In every negotiation and every strike, there comes a time when we are doing everything we can to bargain and withhold labor,” International Association of Machinists and Aerospace Workers District 751 said Thursday. “We are at that stage now where the future may There will be a risk of price decline or lower prices.”
The union said asking its members to extend the strike “is not right when we have had so much success.”
Boeing’s more than 32,000 machinists, mostly in the Seattle area, went on strike on Sept. 13 after rejecting a tentative deal. They rejected another bid to extend the strike earlier this month.
The union said on Thursday the new proposal included an overall wage increase of 38% over four years, up from the 35% previously proposed, bringing the compound wage increase to nearly 44%. It also gives workers the choice of a one-time approval bonus of $12,000, or the previously offered $7,000 approval bonus and $5,000 in 401(k) contributions.
Boeing said Thursday that the average machinist salary at the end of the contract will be $119,309.
“We encourage all employees to learn more about the improved proposal and vote on Monday, November 4,” Boeing said in a statement.
Chief Executive Kelly Ortberg said last week during her first earnings call since taking the top job in August that the company has been “actively working to find solutions that fit the company and meet the needs of our employees.” . Hours later, workers rejected an offer to negotiate.
Workers have repeatedly called for higher wages due to the higher cost of living in the Seattle area — and tech giants there like Microsoft and Amazon Staffing has surged in recent years.
The strike further delays plans by Boeing leaders to stabilize the aerospace giant, which is reeling from production defects and safety issues, the most recent of which was a door jam on a Boeing 737 Max that exploded in mid-air in early September. That year.
Boeing lost more than $6 billion last quarter and warned it would continue to burn cash in 2025.
The Boeing strike is expected to weaken Friday’s U.S. jobs report.
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