33,000 Boeing machinists are getting ready to cast their vote this week on a new contract proposal between their union and Boeing. If this proposal is passed, it could end the five week old strike and work can start again at Boeing factories.
The proposal was hammered out with the help of Labor Secretary Julie Su, who traveled to Seattle last week to meet with union and Boeing leadership.
The new proposal offers a 35% pay raise up, from 30% in the last proposal; a $7,000 ratification bonus, up from $6,000; enhanced 401(k) contributions; and performance bonuses retailed at a minimum of 4%…