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Boeing's Striking Workers' Union Endorses Latest Offer to Raise Wages by 38%
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Boeing's Striking Workers' Union Endorses Latest Offer to Raise Wages by 38%
Nov 4, 2024 11:53 AM

05:25 AM EDT, 11/01/2024 (MT Newswires) -- Boeing Company ( BA ) reached a tentative agreement with union leaders representing 33,000 workers on strike since almost two months over wage disputes, multiple media outlets reported Thursday citing the International Association of Machinists and Aerospace Workers.

If approved, the company's latest proposal will increase wages by 38% over four years and give workers a $12,000 signing bonus, according to the reports.

IAM District 751 urged its members to accept the Boeing ( BA ) offer and end the strike, the media outlets said.

Boeing ( BA ) said it encourages all its employees to learn more about the improved offer and vote on Nov. 4.

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