Boeing makes final SPEEA offer with an immediate 10% guaranteed raise ...
π Boeing presents a final four-year contract offer to SPEEA including an immediate 10% guaranteed wage increase effective October 16.
π° The proposal establishes wage pools of 6% for the years 2028, 2029, and 2030 with guaranteed increases in each year.
π Revised contract language addresses employee priorities including work-from-home policies, overtime limits, and career development processes.
βοΈ Boeing committed to spending additional funds beyond the contract to address wage compression and low comp-ratios for employees.
π Previous offer rejected by 64.25% in professional units and 71.87% in technical units with over 92% turnout in both.
β οΈ Current contracts expire October 6, creating a risk of strike starting as early as October 7 if the new offer is not ratified.
π₯ SPEEA represents more than 16,000 Boeing employees primarily in the Puget Sound region with smaller groups in other states.
π This marks the first full contract negotiations between Boeing and SPEEA in 14 years following expirations of previous agreements.
πΌ Enhanced health care and retirement provisions from a prior offer are carried forward into this final proposal.
π Union leaders describe the wage pools as the largest since 1983 with projected compounded growth of 29.4% to 31.9%.
- Boeing's final contract offer includes an immediate 10% guaranteed wage increase for professional and technical unit employees effective October 16.
- The proposal establishes substantial wage pools of 6% for the years 2028, 2029, and 2030 to ensure continued compensation growth.
- Boeing agreed to spend additional funds beyond contract terms specifically to address wage compression and low comp-ratios for its workforce.
- The revised offer includes enhanced health care and retirement provisions that were previously offered and carried forward into the new deal.
- Boeing's proposal addresses top employee priorities including revised work-from-home language, overtime limits, and improved career development processes.
- Professional-unit members overwhelmingly rejected the previous July offer by 64.25% with 7,238 no votes to 4,027 yes.
- Technical-unit members rejected the prior proposal by 71.87% with 2,795 no votes to 1,094 yes in a high-turnout vote.
- Both professional and technical units authorized strikes by wide margins of 87.82% and 89.71% respectively following the rejection of the last offer.
- Current contracts expire on October 6, creating an immediate risk that a strike could begin as early as October 7 if the new offer fails ratification.
- The previous rejected offer included retroactive wage increases and incentive bonuses that employees may now expect to be part of any final agreement.