Boeing engineers and technical workers approved a four-year contract with 34% wage increases over four years, including a 10% immediate raise in October, plus enhanced benefits and additional paid time off. The agreement averts a strike that could have delayed certification of new aircraft models and disrupted production at a critical time for the aerospace company's recovery.
Boeing's white-collar union SPEEA, representing 17,000 workers, voted to accept a revised contract offer, avoiding a strike. The professional unit approved the deal with 68% support while the technical unit narrowly approved it at 53%, following rejection of Boeing's first offer in August. The new contract includes a 32% average pay increase over four years with guaranteed wage raises and improved compensation structures.
Boeing engineers and technical workers approved a four-year contract with 10% immediate raises and annual 4% increases, avoiding a strike as the company seeks federal approval for new aircraft and aims to boost production.