Boeing Deal’s Big Compensation Bump Raises Bar for Other Unions

A Boeing Co. worker union made some of the most impressive gains on a collective bargaining agreement this year in a recently ratified a contract that took rejecting several management proposals—signaling broader momentum for organized labor.

The International Association of Machinists and Aerospace Workers District 751 reached a deal with the airplane maker late Monday that secured a 38% wage hike and $12,000 signing bonus, beefed up retirement benefits, and committed to building planes in Seattle. The Boeing contract’s annual average compensation increase— 13.25% per year—is the largest of any manufacturing-sector union contract ratified in 2024, according to an analysis ...