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pelespirit

Boeing workers vote to end $9.6B strike, nabbing 43% wage increase over 4 years (arstechnica.com)

submitted 2 weeks ago by pelespirit to c/politics

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Under the proposed deal, workers will receive a 43 percent wage increase over four years, as well as a $12,000 bonus they can choose to receive in their paycheck, as a 401(k) contribution, or a combination of both. Additionally, Boeing agreed to match 401(k) contributions up to 8 percent.

According to The New York Times, Boeing said "the average annual pay of machinists will rise to more than $119,000 by the end of the contract, up from nearly $76,000 today, after those raises and other benefits are taken into account."

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[–] pelespirit 4 points 2 weeks ago

So their pensions weren't brought back, but they'll make more money. Plan for the future because Boeing doesn't have your back.

[–] [email protected] 3 points 2 weeks ago

Nice, their union beat inflation over the past five years by a good amount.

Did yours?