Why Boeing’s ‘Best And Final’ Offer to Its Union Might Not End the Strike

Why Boeing’s ‘Best And Final’ Offer to Its Union Might Not End the Strike·Barrons.com
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Boeing is offering workers a 30% wage increase, along with sweetening some other benefits to end a machinist strike that entered its second week on Friday. Monday afternoon, Boeing announced it offered striking employees represented by the International Association of Machinists and Aerospace Workers Union base wage increases of 30% over four years. Workers are expecting bigger-than-average pay increases to offset years of working under a collective bargaining agreement while higher-than-average inflation eroded their purchasing power.

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