Boeing workers vote on new contract

Boeing workers vote on new contract

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(ABC 6 News) — The union representing more than 30,000 Boeing employees currently on strike says members are now voting on a new contract offer.

The offer includes a 35% pay increase over four years and an increase in Boeing’s contribution to 401k plans.

It also includes a $7000 signing bonus for each worker as well as performance bonuses. However, it does not reinstate pension plans.

Hours before voting began, Boeing reported a $6.1 billion quarterly loss primarily due to costs associated with the strike. The loss equates to roughly $108 million per day.