WASHINGTON, Sept 24 – Boeing announced on Monday its plan to resolve the ongoing strike by its largest union with a revised offer, including a 30 per cent pay raise and the reinstatement of annual bonus payments, which were initially slated to be eliminated.
Describing the proposal as its “best and final contract offer,” Boeing emphasised that it had made significant improvements in key areas to address union demands, reported German news agency dpa.
“We’ve made significant improvements to provide more money in key areas,” the company said, calling the new proposal to machinists its “best and final contract offer.”
Boeing said the workers had until midnight Friday to accept the deal.
The largest Boeing union, IAM, with around 33,000 employees, went on strike on September 13, after 95 per cent of its members voted down the company’s previous proposal for a four-year contract.
The rejected contract had offered a 25 per cent pay hike over four years. Workers have demanded a 40 per cent rise.