Boeing workers are set to vote on a new wage deal that promises a substantial 35% pay increase over the next four years. This vote comes as part of ongoing negotiations aimed at improving compensation for more than 33,000 workers. In addition to the wage hike, the proposed deal includes enhanced retirement benefits and reduced healthcare costs. If approved, it could avert a potential strike, which might otherwise lead to significant disruptions in Boeing’s production. The final decision rests with the workers as they weigh the offer against the backdrop of rising union activity in other industries.
The union’s bargaining committee has emphasized that this deal reflects the best terms negotiated in recent history. Workers, many of whom feel their pay has lagged behind rising living costs, are now tasked with deciding whether this agreement meets their expectations or if further action is necessary. Should they reject the offer and proceed with a strike, Boeing could face financial losses in the billions per week, following a trend of labor action seen across various industries in recent years.