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Boeing strikers must accept latest lucrative offer

Boeing strikers must accept latest lucrative offer

A devastating strike that halted Boeing Co.’s aircraft assembly. in the Seattle area deserves to end after 33,000 machinists voted Monday.

International Association of Machinists executives announced late Thursday that they had reached a labor agreement that would raise salaries by 44% if the increases were compounded over four years, plus a $12,000 signing bonus, more than enough to offset wages , undermined inflation. Ordinary workers must vote yes and return with a mission to revive one of America’s great manufacturers, which has been plagued by quality and safety issues.

Voting against such a lucrative proposal would indicate that union members are only seeking to harm Boeing. The proposal provides a 100% 401(k) match and restores the annual bonus with a minimum payout of 4% of salary.