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Boeing Speea Tech Workers Approve Contract  
User currently onlineStitch From United States of America, joined Jul 2005, 26707 posts, RR: 83
Posted (2 months 4 days 2 hours ago) and read 422 times:
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After previously rejecting the contract by a narrow margin, technical professionals at Boeing represented by the Society for Professional Engineering Employees in Aerospace (SPEEA) overwhelmingly approved the same contract last night. With the engineers at SPEEA approving the contract last month, the technical workers had effectively no leverage with Boeing.

The contract, which runs through October 2016, provides a pool for allocating wage increases averaging 5 percent; no increase in medical costs; and an improved basic retirement benefit calculation for pensions of existing techs. It also moves new hires from Boeing's pension plan to a 401K plan.

http://seattletimes.com/html/busines...y/2020590517_speaatechvotexml.html

1 replies: All unread, jump to last
 
User currently offlinesunrisevalley From Canada, joined Jul 2004, 3953 posts, RR: 4
Reply 1, posted (2 months 4 days ago) and read 307 times:

In my view this signing is of an importance equal to an FAA decision to allow the 787 to resume commercial service.

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