Boeing Raises Pay Offer in Bid to End Seven-Week Strike
Boeing workers are set to vote on a new pay proposal from the aviation giant, which includes a substantial 38% increase over the next four years. The International Association of Machinists and Aerospace Workers (IAM) union, representing over 30,000 striking employees, has endorsed this offer and plans to conduct a ballot of its members on Monday. Boeing offers a new pay deal with a 38% raise to striking workers The strike, which began on September 13, has resulted in a significant slowdown in production, exacerbating existing challenges for the company. Previously, the union had requested a 40% pay hike and had rejected two earlier offers, including one that proposed a 35% increase. In addition to the proposed salary increase, the latest offer includes a $12,000 bonus for workers if an agreement is reached, an increase from the previous $7,000 incentive. IAM officials stated, “It is time for our members to lock in these gains and confidently declare victory,” urging that prolongi...