Boeing agreed on a preliminary new contract with union leaders that features a hefty wage hike that might avert a strike within the Seattle area, the 2 sides introduced Sunday.
The settlement, which nonetheless have to be ratified by employees, features a 25 p.c wage improve over the lifetime of the contract, based on Boeing and the Worldwide Affiliation of Machinists and Aerospace Staff (IAM) District 751, which represents greater than 30,000 employees.
Different key components embrace a decrease well being care price burden on employees, decreased obligatory additional time, 12 weeks of paid parental depart and a dedication to construct Boeing’s subsequent new airplane within the Puget Sound area if the contract is ratified later this week, based on a Boeing reality sheet.
The preliminary settlement comes simply weeks after the arrival on the firm of latest CEO Kelly Ortberg, who has been tasked with turning across the iconic planemaker whose status has been tainted by air security issues and different setbacks.
Whereas Ortberg had pledged to “reset” relations with the union, the IAM as lately as Friday had described the 2 sides as “far apart” on key factors.
In a message to rank-and-file members, IAM district president Jon Holden stated the union’s “strength, solidarity and unity” had produced “the best contract we ever had.”
Holden urged members to evaluation the proposal rigorously.
“We are prepared to fight if needed, but we believe this proposal will benefit all our Members and Our Future,” Holden stated within the message.
“This vote is now in your hands, as it should be.”
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