Striking employees discuss Boeing offer ahead of vote
About 33,000 workers will vote on the contract proposal on Wednesday, October 23, after a more than month-long work stoppage, which has halted production of models including its best-selling 737 MAX narrowbody jets.
The new contract proposal announced on Saturday includes a 35 percent pay hike over four years, a $7,000 ratification bonus, a reinstated incentive plan and enhanced contributions to workers' 401(k) retirement plans, including a one-time $5,000 contribution plus up to 12 percent in employer contributions.
Workers picketing on Monday, October 21, near Boeing's 737 factory outside Seattle were pessimistic about the proposal passing on.
The new wage increase and the ratification bonus are an improvement over the previous offer, which was rebuffed by the striking workers, but the salary hikes still fall short of a 40 percent pay rise over four years demanded by the Machinists' union.
REUTERS VIDEO
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About 33,000 workers will vote on the contract proposal on Wednesday, October 23, after a more than month-long work stoppage, which has halted production of models including its best-selling 737 MAX narrowbody jets.
The new contract proposal announced on Saturday includes a 35 percent pay hike over four years, a $7,000 ratification bonus, a reinstated incentive plan and enhanced contributions to workers' 401(k) retirement plans, including a one-time $5,000 contribution plus up to 12 percent in employer contributions.
Workers picketing on Monday, October 21, near Boeing's 737 factory outside Seattle were pessimistic about the proposal passing on.
The new wage increase and the ratification bonus are an improvement over the previous offer, which was rebuffed by the striking workers, but the salary hikes still fall short of a 40 percent pay rise over four years demanded by the Machinists' union.
REUTERS VIDEO
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NewsTranscript
00:00So
00:20well they they paid you for the car that's beside the point
00:24and i couldn't find it that's what it might be so yeah she's saying all my bills it's like yeah
00:28i'm ready to go back again yes i've seen the new contract uh i'm not too i think it's a decent
00:36contract but i think it's it's not what we asked for and i feel like the contract it's not gonna
00:43push the company forward uh to for longevity in the long run um there's a lot of new hires that
00:50are struggling uh there's even i just feel like boeing in this economy could do a lot better
00:59um with all the money that we've made for them over the years we call them at work
01:04i want to see i want to be here until i retire but i don't know if that's going to happen
01:22i've seen other jobs elsewhere that make way more starting off
01:26um minimum wage here is about to be raised next year and
01:33boeing is just giving us the bare minimum for new hires
01:57so i have seen the new contract it's it's looking better but it's you know it's not
02:06quite there um i'm kind of if it passes i'm okay but i don't think it's gonna pass but
02:18i think if they came with that in the beginning there never would have been a strike
02:22but they're gonna have to do a little better i think they're close
02:25i think they're close
02:39you know and they made it sound at first i was like yes they're giving the pension back i don't
02:43even need to see the rest you know and uh but no so we'll i imagine we'll have a very high
02:49percentage on turning this down probably like 90 i bet
03:03so we just have stayed stagnant for like 10 years and just become less and less and less
03:09while the world costs twice as much so it's it's not that we don't have more than a lot of other
03:15people it's all those people should be striking too you know we all need more everybody goes to
03:20the grocery store and sees what things cost right so that's what we're fighting for we just want to
03:24come back
03:45you