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    Boeing workers to vote on 38% pay rise offer to end weeks-long strike | Aviation

    Team_NewsStudyBy Team_NewsStudyNovember 1, 2024 Latest News No Comments2 Mins Read
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    Placing employees to vote Monday on contract that features 38 % pay rise and $12,000 ratification bonus.

    Placing Boeing employees in the USA are set to vote on a brand new contract deal after a earlier provide by the corporate did not get them again to work.

    The provide to be voted on Monday features a 38 % pay rise over 4 years, a $12,000 ratification bonus and the reinstatement of an annual bonus scheme that was not included within the earlier proposal, The Worldwide Affiliation of Machinists and Aerospace Employees (IAM) mentioned in a press release on Thursday.

    Almost two-thirds of employees final week rejected a contract that will have offered a 35 % wage rise over 4 years however didn’t restore an outlined pension plan sought by many workers.

    Employees have been pushing for a 40 % wage improve and the reinstatement of the outdated pension scheme.

    “Your union is endorsing and recommending the most recent IAM/Boeing contract proposal. It’s time for our members to lock in these features and confidently declare victory,” the IAM chapter mentioned.

    Some 33,000 IAM members have been on strike since September 13, halting operations at Boeing factories within the Seattle space that produce the 737 Max and 777.

    The strike has added to a troublesome 12 months for Boeing, which has been underneath intense scrutiny since a January incident throughout which a 737 Max aircraft operated by Alaska Airways misplaced a door panel midflight.

    Boeing shares rose 2.5 % in after-hours buying and selling after the announcement of the most recent provide, after closing 3.2 % earlier on Thursday.



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