Boeing and the IAM Machinists Union, which represents about 33,000 employees in the Puget Sound region of Washington state, announced a new labor agreement for the next four years.
According to them, the proposal made by Boeing includes a 35% wage increase, in addition to a $7,000 bonus, the reinstatement of an incentive plan and improved conditions for retirement plans, among others.
Workers will have until Wednesday to evaluate the proposal and vote whether or not to accept it.
On September 13, workers at the Renton and Everett plants, among others, voted overwhelmingly against an agreement reached by Boeing and the union that included a 25% raise and the end of some benefits.
At the time, Boeing and the IAM considered the proposal to be the best possible, but more than 90% of employees expected more, including a 40% raise to make up for losses in recent years.
The manufacturer even raised the proposal to 30%, but faced with the impasse, withdrew the offer on October 8.
US government moderation
Faced with huge losses, Boeing announced a 10% cut in its workforce, estimated at 170,000 people.
Losing about US$ 1 billion per month due to the strike at the factories that make the 737, 767 and 777 jets, the company ended up receiving a visit from the acting secretary of labor, Julie Su, who helped to seek a consensus.
Fearing it will lose its investment grade rating, Boeing announced an agreement with a pool of banks to obtain $10 billion in the short term while it prepares an offering in stock and debt to raise another $25 billion and thus honor its commitments for the next three years.
