Boeing machinists to vote on new proposal with 35% raises that could end strike

[BumRushDaShow]

Source: CNBC

Published Sat, Oct 19 2024 11:05 AM EDT Updated 40 Min Ago


Boeing and its machinists’ union have reached a new contract proposal, the union said Saturday, outlining a deal that could end a more than month-long strike that has hobbled the manufacturers’ aircraft production. The ratification vote is set for Wednesday.

The new proposal includes 35% wage increases over four years, a higher signing bonus of $7,000, guaranteed minimum payouts in an annual bonus program and higher 401(k) contributions among other changes.

Acting U.S. Secretary of Labor Julie Su met with both parties earlier this week. “With the help of Acting U.S. Secretary of Labor Julie Su, we have received a negotiated proposal and resolution to end the strike, and it warrants presenting to the members and is worthy of your consideration,” the International Association of Machinists and Aerospace Workers District 751 said in a statement Saturday.

The strike began Sept. 13 after more than 30,000 machinists overwhelmingly rejected a tentative agreement that included 25% wage increases over four years. Boeing later made a sweetened offer but the union blasted it saying it was not negotiated.

Read more: https://www.cnbc.com/2024/10/19/boeing-workers-to-vote-on-new-proposal-that-could-end-strike.html

[James48]

1. Just for the record-

I have been a different Union representative associated with supporting multiple contract negotiations, including following prior Boeing negotiations over the last 35 years, and I have to say— Boeing MGT has struggled to even understand the very basic concept of negotiations. The current management is either poorly trained in labor processes, or just not understanding how to work through issues.

I hope they find a workable deal soon. It’s important.

[BumRushDaShow]

2. As a fed I have as well for my Local

before becoming "management" and even had training courses in "Negotiations" (which I also had as a manager later in my career). And although federal union contracts were somewhat limited for certain things (most obvious when it comes to salary), the workplace issues were very much critical.

[republianmushroom]

3. Though Boeing said a couple weeks ago

that their proposal was their "final proposal" and it was as high as they were going, period. That proposal was rejected. Seems that statement Boeing made, wasn't quite correct, they did go higher.

[Angleae]

4. Vote is planned for Wednesday, Oct 23

https://www.iam751.org/index.cfm?zone=/unionactive/private_view_page.cfm&page=IAM2FBoeing20Contract202024