Boeing's Contract Offer Falls Short for SPEEA Members
Boeing's contract offer has been met with skepticism by some members of the Society of Professional Engineering Employees in Aerospace (SPEEA), the white-collar union that represents 17,000 workers in Washington and nearby states. The union's negotiating team had hoped for a smooth negotiation process, but it seems that may not be the case as the deadline to vote on the contract nears.
The contract offer includes a 3% general wage increase upon ratification, retroactive to February 20, 2026. However, the next four years are variable, with each year including a percentage increase to a 'salary adjustment fund' tied to inflation and an individual's performance. The bump for inflation is capped at 3%, which means that if the cost of living decreases, the entire salary adjustment fund will be distributed based on performance.
Workers have expressed concerns about the proposed wage structure, citing rising costs of living and a lack of transparency in how raises are determined. 'The money's not there,' said a manufacturing engineer who has been at Boeing for 15 years. 'It's just not enough.'