- Boeing and its machinists’ union have reached a new contract proposal.
- The deal could end a more than month-long strike that has hobbled the manufacturers’ production.
- The new proposal includes 35% wage increases over four years, a higher signing bonus of $7,000, guaranteed minimum payouts in an annual bonus program and higher 401(k) contributions.
This is great. I’ll keep honking my horn when I drive past the protest. They always wave back and haven’t seen a single day without at least someone holding a sign on the two intersections before the Boeing facility. It’s good to see them sticking to their guns and drawing a line.