Boeing Union Members to Vote on Third Offer
BABoeing(BA) Investopedia·2024-11-05 00:55

KEY TAKEAWAYSMembers of Boeing's machinists union are voting today on a third contract agreement that could potentially end a crippling strike that has lasted nearly two months. The International Association of Machinists will vote on the new offer from Boeing that includes 38% pay increases, along with a ratification bonus that workers can elect to use as part of their retirement savings.  The union rejected a previous offer from Boeing that included a 35% pay hike, extending the strike that began on Sept. ...