Yesterday, Boeing and its Machinist union reached a tentative deal on a new four-year contract to settle the seven week strike idling production lines in Washington, Kansas and Oregon. More than 27,000 workers walked off the job on Sept. 4.
Here are the details are reported by the National Association of Manufacturers (NAM), which is the Association of Washington Business' national affiliate for manufacturing and technology:
Boeing agreed to raise wages by a total of 15% over the life of the contract, as well as to pay bonuses totaling at least $8,000 to each worker during the first three years." Representatives from both sides had positive comments on the agreement. "Boeing and union leaders solved the job-security impasse with a compromise that will allow Boeing to expand the use of contractors to deliver aircraft components directly to assembly lines. However, once the parts enter the factories, only union workers will be allowed to handle them."
