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35% seems huge
The tentative agreement — which will have to receive a majority from union members before finalized — includes a 35% wage increase over four years of the contract, a larger signing bonus of $7,000, guaranteed minimum payouts in a new annual bonus program, and increased contributions to worker 401(k) retirement plans.
Even over 4 years it is big.
It’s inflation plus 2%, nothing spectacular but still a solid win for the union.
Congratz to them!
The new offer would not restore a traditional pension plan — a key demand of the 33,000 striking workers — but it would increase the amount of contributions to 401(k) retirement plans that Boeing would match.
https://www.yahoo.com/news/huge-striking-boeing-workers-near-042024828.html
