Boeing Engineers Get Tentative Contract Deal with Higher Wage Increases
Boeing and its engineering union, SPEEA, have reached a tentative four-year contract agreement. The deal includes higher general wage increases than Boeing's initial offer, which members overwhelmingly rejected in August. Under the proposed terms, approximately 17,000 SPEEA members would receive a 10% wage raise on October 16, followed by 4% raises plus merit-based increases in 2027 through 2030.
The agreement addresses concerns about work-from-home policies and overtime limits for professional unit members. Boeing Vice President Ben Nimmergut stated that the company's final contract offer 'addresses the top priorities identified by our employees and SPEEA’s bargaining teams, including an immediate wage increase and larger wage pools with guarantees.'
SPEEA members have been critical to Boeing's efforts to certify its 737 MAX 10 and 777-9 jets, which are years behind schedule. The current contract expires on October 6, and if a deal is not finalized by then, SPEEA members can go on strike.