Boeing’s ‘Best & Final Offer’ Rejected By Union As Strike Drags On Boeing made a “best and final offer” to tens of thousands of striking International Association of Machinists and Aerospace Workers (IAM) for a renewed contract. However, IAM rejected the proposal, stating it fell short of members’ demands. According to Boeing’s letter to IAM, the new contract would bump general pay by 30% over four years, reinstate the performance bonus, enhance retirement benefits, and double the ratification bonus to $6,000. Boeing stated that all other terms of the Tentative Agreement remain the same, and the new offer is contingent on ratification… — Continue at ZeroHedge News : Read More
Home » Boeing’s ‘Best & Final Offer’ Rejected By Union As Strike Drags On – Tyler Durden