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If union members vote yes, the offer will be submitted to Boeing as a pre-approved agreement.
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The five-year contract would have raised the average general wage increase from 40% to 45% and included a $4,000 signing bonus.
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The contract includes an average 45% wage increase. If the contract is approved when union members vote Friday, it will end a strike that has lasted more than a month.
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Union workers on the picket line said they don’t believe the company will be able to find skilled workers to replace them.
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The move has escalated tensions between Boeing and the union, which wants higher wages and better benefits.
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Company leadership said the economics of the contract will remain the same.
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Union members on strike want Boeing to agree to an added sign-on bonus, a higher general wage increase, more vacation time and other benefits.
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After rejecting the company’s second proposed contract, union members began striking Monday. They said they will not stop until they receive a fair deal.
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Union members from facilities in St. Louis, St. Charles and Mascoutah voted to reject a four-year labor agreement with Boeing after an earlier version of the proposal failed on July 27.
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The company's updated terms include withdrawing the Alternative Workweek Schedule proposal, which union members said was a point of concern in the original contract.