Officials for the IAM 837, which represents around 3,200 hourly workers, said they would submit the pre-ratified proposal to Boeing for consideration. If the company agrees to terms that include an average 20% guaranteed wage increase over four years and $10,000 signing bonus, the walkout would end. The union drafted the terms without consulting management.
The union’s strategy is aimed at ending a
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.