Factbox-The contract striking Boeing workers approved after rejecting earlier deals

(Reuters) - Here is a side-by-side comparison of the key elements of three Boeing (NYSE:BA ) contract deals for U.S. West Coast factory workers that have gone to votes since September, according to details provided by the company and the union.

The latest offer was approved by union members on Monday, ending a seven-week strike.

OFFER APPROVED BY 59% OF WORKERS ON NOV. 4

Endorsed by union

Duration: Four years

General wage increase of 38%

$12,000 signing bonus

Restoration of annual performance bonus valued at up to 6% with annual guaranteed payoff of 4%

Retirement: Boeing 401(k) retirement plan match increased to 100% of first 8% of pay, plus automatic 4% company contribution

Pledge to build Boeing's next commercial jet in the Seattle area, provided the program is launched within the four years of the contract.

OFFER REJECTED BY 64% OF WORKERS ON OCT. 23

Not endorsed by union

Duration: Four years

General wage increase of 35%

$7,000 signing bonus

Restoration of an annual performance bonus

Retirement: Boeing 401(k) retirement plan match increased to 100% of first 8% of pay, plus automatic 4% company contribution

Pledge to build Boeing's next commercial jet in the Seattle area, provided the program is launched within the four years of the contract.

OFFER REJECTED BY NEARLY 95% OF WORKERS ON SEPT. 12

Endorsed by union

Duration: Four years

General wage increase of 25%

$3,000 signing bonus

Removal of an annual performance bonus



Retirement: Boeing 401(k) retirement plan match is 75% of the first 8% an employee contributes, plus automatic 4% company contribution.

Pledge to build Boeing's next commercial jet in the Seattle area, provided the program is launched within the four years of the contract.

Source: Investing.com

Publicații recente
Oklo target nearly doubled at Wedbush on AI-driven demand for nuclear energy
24.01.2025 - 18:00
Crypto markets lose steam after Trump's first policy move
24.01.2025 - 18:00
Combination of Google's TPU-DeepMind units may be worth $700 bn - DA Davidson
24.01.2025 - 18:00
British American Tobacco, Altria shares rise after menthol ban proposal dropped
24.01.2025 - 18:00
Morocco stocks higher at close of trade; Moroccan All Shares up 0.34%
24.01.2025 - 18:00
Commerzbank says no talks with UniCredit until specific proposal made
24.01.2025 - 18:00
Venture Global aims for $64 billion valuation at debut in test for energy IPOs
24.01.2025 - 18:00
Intuitive Machines stock surges on NASA contract award
24.01.2025 - 18:00
International Paper's $7.2 billion acquisition of DS Smith gets EU approval
24.01.2025 - 18:00
Short-term stock optimism soars among retail investors, AAII survey shows
24.01.2025 - 18:00
Venture Global shares likely to open up to 6% above IPO price
24.01.2025 - 18:00
Intuitive Surgical, American Express Stir Friday's Market Cap Stock Movers
24.01.2025 - 18:00
BMW joins Chinese EV makers in filing EU court challenge to tariffs
24.01.2025 - 18:00
Turkey stocks lower at close of trade; BIST 100 down 0.08%
24.01.2025 - 18:00
Diageo stock jumps on possible Guinness sale
24.01.2025 - 18:00

© Analytic DC. All Rights Reserved.

new
Analiza pieței Cum va afecta raportul NFP de mâine cursul de schimb al dolarului american?