Boeing Offers 28.5% Wage Hike to Union Workers

Boeing has offered its professional aerospace union workers a significant pay bump in a tentative four-year contract. The proposed agreement, shared by the company on Wednesday, would see employees receive a 28.5% wage increase over the life of the contract.

The negotiations between Boeing and the Society of Professional Engineering Employees in Aerospace (SPEEA) began in July, with the final offer being made to the union last week. The details of the agreement have not been publicly disclosed, but industry insiders expect it to be a major boost for workers.