Boeing announced on Monday that it has presented a final offer to the striking union machinists, which includes improved terms compared to the previously rejected contract. The company stated that the new offer features substantial pay raises and bonuses in an effort to resolve the ongoing strike.
The revised offer includes a significant pay raise of 30% over a four-year period, up from the initial proposal of 25% that was turned down by the union members. Additionally, Boeing has decided to double the ratification bonuses to $6,000 and reinstate the annual bonuses that were initially intended to be replaced with contributions to workers' retirement accounts.
