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What changes in worker benefits will be included in Boeing's new contract by December 31, 2024?
3
Resolution / Starting Odds
401(k) match program increase • 25%
Increased ratification bonus • 25%
New or improved AMPP bonus program • 25%
Other changes • 25%
Official contract details released by Boeing or the Machinists union
Story
Boeing Increases Wage Offer to 30% to End Strike Affecting 33,000 Seattle Workers
Sep 23, 2024, 06:11 PM
Boeing has significantly increased its contract offer to the Machinists union in an effort to end a strike that has been ongoing for more than a week. The company has proposed a 30% general wage increase over four years, up from a previous offer of 25%. Additionally, Boeing has doubled the ratification bonus to $6,000 and reinstated the AMPP bonus program. The offer also includes an increase in the company's 401(k) match program to 100% of the first 8% of pay, along with a continued automatic 4% company contribution. This 'best and final' offer aims to address worker compensation and morale. The strike involves about 33,000 workers at Boeing's main Seattle manufacturing hub.
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Defined-benefit pensions reinstated • 25%
Increased 401(k) contributions • 25%
No significant changes • 25%
Other changes • 25%
25% increase • 25%
30% increase • 25%
35% increase • 25%
40% increase • 25%
Deal ratified without changes • 25%
Deal ratified with changes • 25%
Deal rejected and strike occurs • 25%
Deal rejected but no strike • 25%
Boeing agrees to 40% wage increase • 25%
Boeing agrees to 30% wage increase • 25%
Boeing agrees to a wage increase between 30% and 40% • 25%
No agreement reached by end of 2024 • 25%
Contract approved as proposed • 25%
Contract rejected and renegotiated • 25%
Contract rejected and strike continues • 25%
Other • 25%
30% pay rise accepted • 25%
Less than 30% pay rise • 25%
More than 30% pay rise • 25%
No pay rise, other terms accepted • 25%
Agreement reached with current terms • 25%
Agreement reached with improved terms for workers • 25%
No agreement reached, strike continues • 25%
Other outcome • 25%
New labor relations policies implemented • 25%
No significant changes • 25%
Increased focus on automation • 25%
Other strategic changes • 25%