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Boeing: Aviation giant makes 38% pay rise offer in bid to end strike

November 1, 2024
in Business
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Boeing: Aviation giant makes 38% pay rise offer in bid to end strike
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As well as the proposed pay rise, the latest offer includes a $12,000 bonus (£9,304) for the workers if a deal is reached, up from $7,000 in the previous offer.

“It is time for our members to lock in these gains and confidently declare victory,” an IAM social media post said.

“We believe asking members to stay on strike longer wouldn’t be right as we have achieved so much success.”

Boeing said that the offer would see the workers’ average annual pay rise to $119,309 over the next four years.

“We encourage all of our employees to learn more about the improved offer and vote on Monday, November 4,” Boeing said in a statement.

The new offer also includes changes to the workers’ retirement plans.

Credit: Source link

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