{"id":116203,"date":"2024-10-20T05:11:47","date_gmt":"2024-10-19T22:11:47","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=116203"},"modified":"2024-10-20T05:11:47","modified_gmt":"2024-10-19T22:11:47","slug":"boeing-offers-pay-increases-to-reach-tentative-deal-with-union-in-weekslong-machinists-strike","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=116203","title":{"rendered":"Boeing offers pay increases to reach tentative deal with union in weekslong machinists strike"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div><!----> <!----> <\/p>\n<div class=\"featured featured-video video-ct\">\n<div class=\"contain\">\n<div class=\"info\">\n<div class=\"caption\">\n<p>Boeing CEO Kelly Ortberg moved to Seattle while 33,000 of the company&#8217;s workers took to the picket line. (Credit: Derrick Louie with Clarity Northwest Photography &amp; Laura Halliday with Realogics Sotheby&#8217;s International Realty and KCPQ)<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Boeing is offering its <a href=\"https:\/\/www.foxbusiness.com\/markets\/boeing-plans-raise-up-35b-shore-up-finances-strike-continues\" target=\"_blank\" rel=\"noopener\">striking workers<\/a> a new financial package in order to end the ongoing strike.<\/p>\n<p>Both Boeing and its <a href=\"https:\/\/www.foxbusiness.com\/economy\/boeing-cut-workforce-halt-most-767-production-amid-labor-union-strike\" target=\"_blank\" rel=\"noopener\">workers&#8217; union<\/a> announced the tentative deal on Saturday. The striking machinists will vote on the deal Wednesday.<\/p>\n<p>The International Association of Machinists and Aerospace Workers Local 751 told Reuters that the new package includes a 35% pay hike over four years, a new incentive plan and a $7,000 ratification bonus.<\/p>\n<p>The corporation is also offering employees 12% in 401(k) contributions, plus a one-time contribution of $5,000 to workers&#8217; retirement accounts.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/markets\/boeing-strike-what-aircraft-affected\" target=\"_blank\" rel=\"noopener\"><strong><u>BOEING STRIKE: WHAT AIRCRAFT ARE AFFECTED?<\/u><\/strong><\/a><\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/10\/343\/192\/boeing-737-max.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/10\/686\/384\/boeing-737-max.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 768px) and (max-width: 1023px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/10\/672\/378\/boeing-737-max.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/10\/1344\/756\/boeing-737-max.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1024px) and (max-width: 1279px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/10\/931\/523\/boeing-737-max.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/10\/1862\/1046\/boeing-737-max.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1280px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/10\/720\/405\/boeing-737-max.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/10\/1440\/810\/boeing-737-max.jpg?ve=1&amp;tl=1 2x\"><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/10\/931\/523\/boeing-737-max.jpg?ve=1&amp;tl=1\" alt=\"boeing 737 max\"\/><\/source><\/source><\/source><\/source><\/picture><\/div>\n<div class=\"caption\">\n<p><span>A Boeing 737 Max.<\/span><span> (Geoffroy Van Der Hasselt\/AFP via Getty Images \/ Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n<p>The strike, which has been ongoing for five weeks, primarily involves Boeing&#8217;s West Coast workers. Around 33,000 machinists have refused to work on the 737 MAX and its 767 and 777 widebodies since Sept. 13.<\/p>\n<p>Boeing said that it &#8220;looks forward to our employees voting on the negotiated proposal,&#8221; but striking workers have rejected Boeing&#8217;s offers in the past, even offers endorsed by union officials.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/markets\/boeing-plans-raise-up-35b-shore-up-finances-strike-continues\" target=\"_blank\" rel=\"noopener\"><strong><u>BOEING PLANS TO RAISE UP TO $35B TO SHORE UP FINANCES AS STRIKE CONTINUES<\/u><\/strong><\/a><\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/343\/192\/GettyImages-2171702552.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/686\/384\/GettyImages-2171702552.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 768px) and (max-width: 1023px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/672\/378\/GettyImages-2171702552.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/1344\/756\/GettyImages-2171702552.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1024px) and (max-width: 1279px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/931\/523\/GettyImages-2171702552.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/1862\/1046\/GettyImages-2171702552.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1280px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/720\/405\/GettyImages-2171702552.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/1440\/810\/GettyImages-2171702552.jpg?ve=1&amp;tl=1 2x\"><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/931\/523\/GettyImages-2171702552.jpg?ve=1&amp;tl=1\" alt=\"Boeing workers on strike\"\/><\/source><\/source><\/source><\/source><\/picture><\/div>\n<div class=\"caption\">\n<p><span>Workers picket outside a Boeing Co. facility during a strike in Everett, Wash., Sept. 16.\u00a0<\/span><span> (M. Scott Brauer\/Bloomberg via Getty Images \/ Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n<p>Around 95% of West Coast workers rejected <a href=\"https:\/\/www.foxbusiness.com\/category\/boeing\" target=\"_blank\" rel=\"noopener\">Boeing&#8217;s contract offer<\/a> of a 25% pay rise over four years in September, shortly before the strike began. The previous offer also included a $3,000 signing bonus.<\/p>\n<table class=\"stock-fundamentals\">\n<thead>\n<tr>\n<th class=\"ticker\">Ticker<\/th>\n<th class=\"security\">Security<\/th>\n<th class=\"last\">Last<\/th>\n<th class=\"change\">Change<\/th>\n<th class=\"percent\">Change %<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td class=\"ticker\"><a href=\"https:\/\/www.foxbusiness.com\/quote?stockTicker=BA\">BA<\/a><\/td>\n<td class=\"security\">THE BOEING CO.<\/td>\n<td class=\"last\">155.00<\/td>\n<td class=\"change neg\">-0.31<\/td>\n<td class=\"percent neg\">\n        -0.20%\n      <\/td>\n<\/tr>\n<tr\/><\/tbody>\n<\/table>\n<p>The union said that the new deal was helped with the help of Acting U.S. Secretary of Labor Julie Su, and told the striking workers it &#8220;is worthy of your consideration.&#8221;<\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/343\/192\/Boeing-sign.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/686\/384\/Boeing-sign.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 768px) and (max-width: 1023px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/672\/378\/Boeing-sign.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/1344\/756\/Boeing-sign.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1024px) and (max-width: 1279px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/931\/523\/Boeing-sign.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/1862\/1046\/Boeing-sign.jpg?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1280px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/720\/405\/Boeing-sign.jpg?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/1440\/810\/Boeing-sign.jpg?ve=1&amp;tl=1 2x\"><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2024\/09\/931\/523\/Boeing-sign.jpg?ve=1&amp;tl=1\" alt=\"Boeing\"\/><\/source><\/source><\/source><\/source><\/picture><\/div>\n<div class=\"caption\">\n<p><span>The Boeing corporate world headquarters in Chicago.<\/span><span> (Scott Olson\/Getty Images \/ Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.foxbusiness.com\/apps-products\" target=\"_blank\" rel=\"noopener\"><strong><u>GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/u><\/strong><\/a><\/p>\n<p>FOX Business reached out to Boeing for comment.<\/p>\n<p><i>Reuters contributed to this report.<\/i><\/p>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.foxbusiness.com\/industrials\/boeing-offers-hefty-pay-increases-reach-tentative-deal-union-amid-weekslong-machinists-strike\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boeing CEO Kelly Ortberg moved to Seattle while 33,000 of the company&#8217;s workers took to the picket line. (Credit: Derrick Louie with Clarity Northwest Photography &amp; Laura Halliday with Realogics &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=116203\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-116203","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/116203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=116203"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/116203\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=116203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=116203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=116203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}