Striking Boeing workers to vote Monday on new proposal that would deliver 43.65% compounded wage increase, significant retirement security gains

SEATTLE – Striking workers at Boeing have received a new industry-leading contract proposal from the company, which has been unanimously endorsed by the member-led union negotiation committee. More than 33,000 members of the International Association of Machinists and Aerospace Workers (IAM) at Boeing locations in Washington state, Oregon, and California have been on strike since Sept. 13. 

If ratified by a majority vote of the membership, the new proposal would yield a 43.65% wage increase for the workers currently on strike above their current wages, when compounded over the lifetime of the contract. The general wage increases total 38% before compounding, and are slated to be implemented over four years at 13%, 9%, 9% and 7%. The deal also includes significant gains in retirement funding, job security and bonuses. 

IAM District 751 President Jon Holden and IAM District W24 President Brandon Bryant issued the following joint statement:

“The resolve and solidarity of IAM members at Boeing has spurred a new offer from the company that if ratified will enable workers to quickly make up significant ground financially while setting a new standard for the industry on wages and other key protections – including key wins on job security, safety, health care costs, retirement, bonus pay, and more.”

IAM Union International President Brian Bryant released the following statement:

“Nearly every worker in America knows what it’s like for a company to take too much and give too little. In securing this agreement, IAM Union members have won an opportunity to ratify a contract that would set a new standard for their industry. A contract like this would send an inspiring message to all workers in the United States who are seeking to join unions or who have been shortchanged by their employer. That said, we will continue to stand by the membership no matter the outcome of Monday’s democratic vote on these newly improved terms. We also remain very thankful to Acting U.S. Labor Secretary Julie Su, who on behalf of the Biden-Harris administration has continued to help bring the employer and the members together for productive talks to reach this historic agreement.”

Highlights of the latest tentative agreement which will be voted on by union members include:

  • 38% general wage increase over four years – 13%, 9%, 9%, 7% which compounds to 43.65% over the life of the agreement 
  • $12,000 Ratification Bonus: The ratification bonus combines the previous $7,000 ratification bonus and the $5,000 lump sum into the 401(k). Now, union members can choose how this total amount is received – in their paycheck, contribution to 401(k), or a combination of both.
  • AMPP incentive plan is reinstated, with a guaranteed minimum annual payout of 4%, including 2024 payout in February 2025
  • 401(k) employer match 100% up to 8%
  • Special company retirement contribution of 4% into 401(k) maintained
  • $105 pension multiplier per year for those vested in the pension plan
  • Call-in language back to current contract
  • New long-term disability plan and big improvement to short term disability plan
  • Health care cost containment
  • Improved overtime rules
  • Key job security provisions
  • Maintenance of COLA increases

Further details of the negotiated resolution can be found at iam751.org/2024StrikeProposal

Voting Information for Monday, Nov. 4, 2024

Voting will be open at each location from 7 a.m. to 7 p.m. unless otherwise specified. Anyone in line by 7 p.m. will be allowed to vote. Members will need a photo ID – either a driver’s license or a Boeing Badge – to vote.

After the voting ends, the count will occur at each union hall or voting location. All vote totals will be called into the Seattle Union Hall for final tabulation. Once verified, the results will be announced at the Seattle Union Hall, on the union website, and in the media.

There will be one ballot to either ACCEPT or REJECT the bargaining agreement. No strike vote is needed since the union is already on strike. A simple majority (50% + 1) of those voting will determine the outcome. There is no remote voting for any member.

If the vote passes, the return to work dates will be as follows: You CAN return to work as early as first shift on Wednesday, Nov. 6, 2024, for those members who want to return as quickly as possible. You MUST return to work by the beginning of your shift on Tuesday, Nov. 12, 2024.

Voting Locations

Auburn Hall
201 “A” St. SW
Auburn, WA 98001
Hours: 7:00 A.M. – 7:00 P.M.

Renton Hall
233 Burnett Ave N.
Renton, WA 98057
Hours: 7:00 A.M. – 7:00 P.M.

Seattle Hall
Seattle Union Hall
9135 15th Pl S
Seattle, WA 98108
Hours: 7:00 A.M. – 7:00 P.M.

Everett Location
Angel of the Winds Arena 

2000 Hewitt Ave., Suite 200
Everett, WA 98201
Hours: 7:00 A.M. – 7:00 P.M.

Fredrickson Location Change to Puyallup Fairgrounds
110 9th Ave SW
Puyallup, WA 9837
Enter at the Gold Gate, head to the Expo Hall
Hours: 10:00 A.M. – 7:00 P.M.

Moses Lake
Our Lady of Fatima Catholic Church
Fatima Center
200 N. Dale Road
Moses Lake, WA 98837
Hours: 8:00 A.M. – 4:30 P.M.

Victorville
Holiday Inn
15494 Palmdale Road
Victorville, CA 92392
Hours: 10:00 A.M. – 2:00 P.M.

Edwards AFB
Picket Line Position
Edwards West Gate entrance via Rosamond Blvd.
Edwards AFB, CA 93560
Hours: 8:00 A.M. – 10:00 A.M.

Portland
SMART Local 16
2379 NE 178th Ave, Portland, OR 97230
7:30 a.m. to 5:00 p.m.

The International Association of Machinists and Aerospace Workers (IAM) is one of North America’s largest and most diverse industrial trade unions, representing approximately 600,000 active and retired members in the aerospace, defense, airlines, railroad, transit, healthcare, automotive, and other industries.

 

goIAM.org | @MachinistsUnion

Share and Follow: