SEATTLE—Boeing, on Sunday, September 8, reached a tentative agreement on a historic contract offer with International Association of Machinists (IAM) Districts 751 and W24, which represents over 33,000 Boeing employees. Union members are expected to vote Thursday, September 12 on the agreement as a possible strike looms the following day.
At 25 percent, the tentative agreement with IAM provides the largest-ever wage increase for Boeing production workers in Washington state and Oregon. Below are additional highlights in the tentative agreement:
- A $3,000 lump sum payment within 30 days if the bargaining agreement is ratified by 11:59 p.m. on September 12, 2024, with the ability to defer all or part to your Boeing 401(k).
- New Boeing contribution of up to $4,160 per employee per year to the union’s 401(k) plan.
- Paid parental leave would begin Jan. 1, 2025. At that time, you can also use this benefit if you welcomed a new child between Sept. 13 and Dec. 31, 2024.
- A lower cost share for health care, plus plan improvements such as a new free primary care benefit and a new company-paid long-term disability plan.
- Effective January 1, 2025, and each January 1 thereafter, employees would receive one annual floating holiday to be used in a full day increment. Employees can use it on a holiday or any other day they choose with advance scheduling. It must be used before the end of each year.
To leverage job security for tens of thousands of Boeing production workers, Boeing committed to building its next new commercial airplane in Puget Sound, only if the bargaining agreement is ratified by 11:59 p.m. on September 12, 2024, according to the agreement.
Demands to keep the 787 Dreamliner program in Washington were part of IAM’s last strike against Boeing in 2008 where, after 57 days, the union and manufacturer agreed upon increased wages of 15% plus a renegotiated bonus structure. However, Boeing’s announcement on October 1, 2020, to relocate the 787 Dreamliner program to South Carolina in 2021 was met with criticism.
“Boeing’s success as a company is a credit to the workers and taxpayers of Washington state,” Governor Jay Inslee released in a statement on the Boeing Company’s decision to move all 787 Dreamliner production to South Carolina. “Today’s announcement is an insult to the hardworking aerospace employees who build 787s.”
Boeing Commercial Airplanes President and CEO Stephanie Pope shared the following in a video message to employees regarding Sunday’s tentative agreement:
“We’ve what’s important to you for the new contract. And we have reached a tentative agreement with the union on a historic offer that takes care of you and your family. The contract offer provides the largest-ever general wage increase, lower medical cost share to make healthcare more affordable, greater company contributions toward your retirement, and improvements for a better work-life balance.
Just as important, this contract deepens our commitment to the Pacific Northwest. Boeing’s roots are here in Washington. It is where generations of workers have built incredible airplanes that connect the world. And it’s why we’re excited that, as part of the contract, our team in the Puget Sound region will build Boeing’s next new airplane. This would go along with our other flagship models, meaning job security for generations to come. It’s a big commitment to you and to our community.”
🚨🚨Breaking News 🚨🚨
We did it!
Machinists Reach Historic Tentative Agreement with the Boeing Companyhttps://t.co/vgrnfn4vMd pic.twitter.com/1HCFl8F1he
— IAM Union District 751 (@IAM751) September 8, 2024
This is the first full negotiation between Boeing and IAM 751 & W24 in 16 years. After ratification of a new contract in 2008, employees approved two contract extensions in 2011 and 2014. The current 8-year extension began in 2016.
Author: Mario Lotmore
18 Responses
To each employee; you vote for what best suits your family, and your future!!! Your family is trusting you to keep a roof over their heads, food on the table, and clothing….. Do not let Boeing intimidate you with their threats.
Union members are not happy with this contract and are questioning if the Union was paid off by Boeing.
You need to add all of the takeaways to your story. We would be losing as much as we are gaining.
rumors have it that Boeing offered contract “”A”” ,Union said thats not good enough so they kept kept bargaining and contract “ B was offered with a stipulation that the union leadership Endorse it or they would get the worse contract A.
None of our union brothers and sisters are going to vote for this contract. Not even the carrot is big enough to entice people. It’s sad. One day the union says they’re far apart from what they’re asking, the next day we receive a tentative offer that is hot garbage. It’s been 16 years, but the contract offered isn’t taking that into consideration.
That’s a list of some of the stuff they are giving us, they are not showing you the list of stuff they are taking away like our yearly ammp bonus which is usually bigger then that 4k they are putting in our 401k. These raises come after 16 years of 1% every other year so these raises don’t even come close to cat hing us up. John Holden needs to be voted out.
Holden was obviously paid off for going for the first and WORST offer!!! What a scumbag!! He’s not John Holden, it’s now JOHN SOLD’EM. VOTE OF CONFIDENCE COMING AFTER WE RETURN FROM STRIKE!! NEXT WE STRIKE DOWN JOHN SOLD’EM!!
no, he was not, the rumor has it he was forced to Endorse contract offer B or get the worse contract offer A. Dont jump to conclusions.
This article tells less than half the story. Read the contract! So many take aways, so much creative math. The IAM is once again selling out it’s members. Don’t believe this trash.
What caused the IAm to be selling out it’s members? I’m just curious. Aren’t they supposed to fight for us? What will they gain by not fighting hard for us? Does leaders in the iAm getting money from Boeing ?!!
Articles like this are trash because they are only reporting what boeing wants the public to see. Boing is using articles like this to try to turn the public against the employees. If you want to do a report on the contract offer than you should do your Do diligence and actually read the offer not just the highlights that boeing wants you to see. Pull back the curtain and tell the public yeah it looks good when you just look at what they want you to see but when you start to dig you see the truth. The so called 25% bonus is dulled out slowly over 4 years and the employees still won’t be making enough to match where the economy is now. The yearly bonus is taken away. The sick leave has new rules that make it harder to use. They boast about added holiday leave, 1 day big whoop. The Healthcare isn’t much cheaper and they raised the premium the employees are responsible for. They didn’t promise they would build the other plane here they said they would “IF” they could. This pay raise isn’t anywhere near 25% if you include loosing the bonus. They did creative math and just moved the money around…. I hope everyone sees through the BS that boing is trying to serve. The union is doing the employees dirty and should be help accountable!
I work for Boeing I’m not voting yes to this crap deal
Boeing employee here.
This article is a great example of how creative math and cherry picking points out of context can paint a totally different picture than the real one. Fact is, the overwhelming majority of us think that this contract smells so bad that raccoons would turn their noses up at it. It’s a net takeaway, the few minor concessions are small to the point of being insulting, and the membership is annoyed with the contract offering, but thoroughly incensed with the union for recommending it. They would love to paint the hourly workers as greedy, but the fact is that our requests are perfectly reasonable given current inflation numbers, and that the cost of living here is 54% above the national average. It also strains credulity, the claims to poverty that the company issues forth, when failed CEO after failed CEO leaves their position with tens of millions of dollars in compensation. Here’s a tip – put that money into your workers that will eagerly deliver a quality product instead of non value added parasites that use the company like an ATM.
Well said
Boeing took away as much as they offered.
25% raise! but no bonuses anymore, so not a raise.
cheaper medical!
but added TONS of costs in the back end
added medical leave!
actually a WA state law requirement
$20 minimum!
again, city laws forced them
it’s a junk contract.
They took away yearly bonus, limiting usage of sick leave, lower wage compared to inflation, for mere $2 increase for new hires upto grade 6 positions (6 yrs under). Strike is guaranteed at this point.
I have worked for Boeing since 1989 way to many take aways when you minus off our AMMP which is about 4% a year for the 4 year contract that’s a minus of 16% then take that from the 25% general wage increase you get 9% raise over 4 years or 2.25% a year raise. This contract is a slap in the face and an insult to all of the workers.
Retired in 2016. Stay in the fight. The company always puts up garbage first time around. Stand your ground and get what is fair. Good luck to all of you.