Boeing Workers Approve New Contract Ending Strike

Reported 20 days ago

Boeing workers have approved a new contract proposal, concluding a seven-week strike. The latest offer, endorsed by 59% of union members, includes a 38% wage increase, a $12,000 signing bonus, and the restoration of an annual performance bonus. This contract also guarantees a 100% match on employee contributions to the Boeing 401(k) retirement plan and a commitment to manufacture the next commercial jet in the Seattle area, provided the program secures approval within four years.

Source: YAHOO

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