Boeing Union Rejects 'Best and Final' Pay Offer of 30% Wage Increase Amid Ongoing Strike.

Benzinga
Benzinga
  • 10 hours ago
The International Association of Machinists and Aerospace Workers has criticized Boeing's latest "best and final" pay offer. The latest offer proposes a 30% wage increase over four years, a reinstated performance bonus, and enhanced retirement benefits. The union claims Boeing presented the offer without negotiation. Boeing, however, denied this, stating the offer was shared transparently. The union refuses to hold a membership vote on the deal before Boeing's September 27th deadline. The strike threatens to deepen Boeing's financial troubles and disrupt the broader US economy.

Recommended

0:48
I
Up next
U.S. Proposes Ban on Chinese Automotive Software to Protect National Security, Making Prospects of a Chinese EV  in the US Unlikely
Benzinga
0:31
Boeing Furloughs Thousands of Executives, Managers, and Staff Amid Massive Machinist Strike
Benzinga
0:41
Motel 6 Acquired by Indian-based Travel Company Oyo  in All-Cash Deal
Benzinga
0:34
Florida Braces For Hurricane Helene As Potential Cyclone Intensifies. Gov. DeSantis Declares Emergency.
Benzinga
0:31
US Government Prepares To Resume Shipping Free COVID-19 Tests In September
Benzinga
0:31
China Cuts Interest Rates, Injects Over $100 Billion In a bid to Boost Growth. CSI Index 300 Rises Over 4%
Benzinga
0:39
Boeing Workers Set to Vote on Labor Deal as Potential Strike Looms
Benzinga
0:44
Alaska Airlines Flight Attendants Vote Overwhelmingly in Favor of Strike Authorization
Benzinga
0:42
Over 20,000 Boeing Union Machinists Rally for Higher Pay and Retirement Benefits, Vote Overwhelmingly to Authorize Potential Strike.
Benzinga
0:36
Boeing workers strike after rejecting 25% pay rise, ignoring advice of CEO
euronews (in English)
0:48
Boeing Boosts Offer To End 11-day Strike
Cheddar News
0:36
Turbulence Ahead: 30,000 Boeing Workers Go On Strike
Cheddar News
3:26
BT workers on the picket linein Glasgow
The Scotsman
0:58
Tube strikes: RMT members meeting this morning to decide walkout dates after rejecting 5% pay offer
Evening Standard
0:37
American Airlines Flight Attendants Reject 17% Pay Raise Offer Amid Contract Negotiations
Benzinga
0:38
Air Canada Averts Strike with Tentative Deal, Keeping Flights on Schedule
Benzinga
0:39
UAW President Slams GM's 'Insulting Proposal' for Autoworkers
Benzinga
0:35
Alaska Airlines Flight Attendants Reject Tentative Contract, Union Says There Is "More Work to Do"
Benzinga
1:21
WA public sector union members strike over pay dispute, government calls for good faith negotiations
ABC NEWS (Australia)
5:25
What is a general strike and could there be one in the UK? STUC's Dave Moxham talks about the history of the General Strike in the UK
The Scotsman
0:40
Samsung Electronics Workers Launch Indefinite Strike Over Pay and Benefits Disputes
Benzinga
0:37
Amazon Boosts Driver Pay to $22 Amid Increasing Pressure from Unionization Efforts
Benzinga
9:16
Boeing Workers On Strike: Is the Company in a Tailspin?
Cheddar News
5:45
Glasgow Apple store workers have become the first in the UK to secure official union recognition
The Scotsman
0:37
WTO backs Boeing over Airbus in latest round of government subsidies row
euronews (in English)