It also includes a ratification bonus, as well as improved retirement and health care benefits, and overtime rules.

After seven weeks on strike, Boeing workers voted Monday to ratify a new contract that includes a 43.65% wage increase over four years — a significant improvement over the 25% increase that the aerospace giant offered in September.

Members of the International Association of Machinists and Aerospace Workers (IAM) Districts 751 and W24 approved the contract in a 59%-41% vote around two weeks after rejecting a tentative deal that called for a 35% pay increase over a four-year period.

The contract approved by workers also includes a $12,000 ratification bonus, improvements to retirement and healthcare benefits, and improved overtime rules.

“Strikes work,” labor journalist Kim Kelly wrote in response to the contract vote.

Archive link

  • ProIsh@lemmy.world
    link
    fedilink
    arrow-up
    10
    ·
    2 months ago

    Wish it would have included pension. We really need to bring that back as a standard.

    • Slayer@infosec.pub
      link
      fedilink
      arrow-up
      4
      ·
      2 months ago

      It also includes a ratification bonus, as well as improved retirement and health care benefits, and overtime rules.

      I think retirement benefits includes pension, no?

      • davidgro@lemmy.world
        link
        fedilink
        arrow-up
        6
        ·
        2 months ago

        I read elsewhere that the pension was specifically not included, but the rest of the package sure sounds to me like a good deal in the headlines.

        I know a Boeing employee, I’ll have to ask them about their take on it when I get a chance.