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- Boeing is offering a 30% wage hike to its employees in a new proposal.
- Workers started striking on September 13 after rejecting a wage increase offer.
- Boeing has since been in cost cutting mode — it has a furlough plan in place and froze hiring.
On Monday, Boeing brought another offer to the table and increased its wage proposal for the 32,000 employees who went on strike on September 13.
In the new proposal, the planemaker is offering a 30% wage increase over four years, an increase from the previous 25% hike. In its previous proposal, Boeing offered workers a $3,000 bonus if they signed the contract. The new proposal doubled the bonus amount, bringing it to $6,000 if they sign the contract by Friday, Boeing said in a letter sent to presidents of the machinists and aerospace workers’ union.
The offer, which Boeing titled its “best and final offer,” will also reinstate a performance-based incentive plan and increase Boeing’s 401(k) match from 75% to 100% of the first 8% an employee contributes…