Boeing Says It Has Made Its Best and Final Offer to Striking Workers

Boeing on Monday made what it described as its “best and final” contract offer to more than 33,000 striking union employees.The proposal offers benefits beyond those in a tentative contract that the employees, who are represented by the International Association of Machinists and Aerospace Workers, resoundingly rejected less than two weeks earlier.Boeing gave the workers, most of whom work in commercial aircraft production in the Seattle area, until the end of Friday to accept the offer.Boeing and the union restarted negotiations last week with the help of a federal mediator.

The talks ended on Wednesday with no further negotiation dates scheduled, the union said at the time.Brian Bryant, the international president of the union, said in a statement on Monday that the organization was reviewing the offer.“Employees knew Boeing executives could do better, and this shows the workers were right all along,” he said.“The proposal will be analyzed to see if it’s up to the task of helping workers gain adequate ground on prior sacrifices.”The new proposal includes raises of 30 percent over the four-year term of the contract, up from the previous 25 percent offer.

Boeing said it would give each worker $6,000 for approving the deal, double a previous offer.It would also reinstate performance bonuses that were set to be cut and increase a company match for employee 401(k) contributions.

The rest is the same as the previous offer.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access.If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe....

Read More 
PaprClips
Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by PaprClips.
Publisher: The New York Times

Recent Articles