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Boeing Workers Ratify Contract With 43.65 Percent Wage Increase Over 4 Years

It also includes a ratification bonus, as well as improved retirement and health care benefits, and overtime rules.

Striking Boeing workers and their supporters picket outside the Boeing manufacturing facility in Renton, Washington, on September 16, 2024.

After seven weeks on strike, Boeing workers voted Monday to ratify a new contract that includes a 43.65% wage increase over four years — a significant improvement over the 25% increase that the aerospace giant offered in September.

Members of the International Association of Machinists and Aerospace Workers (IAM) Districts 751 and W24 approved the contract in a 59%-41% vote around two weeks after rejecting a tentative deal that called for a 35% pay increase over a four-year period.

The contract approved by workers also includes a $12,000 ratification bonus, improvements to retirement and healthcare benefits, and improved overtime rules.

“Strikes work,” labor journalist Kim Kelly wrote in response to the contract vote.

Jon Holden and Brandon Bryant, respectively the presidents of IAM District 751 and W24, said in a joint statement that “working people know what it’s like when a company overreaches and takes away more than is fair.”

“Through this strike and the resulting victory, frontline workers at Boeing have done their part to begin rebalancing the scales in favor of the middle class — and in doing so, we hope to inspire other workers in our industry and beyond to continue standing up for justice at work,” said Holden and Bryant. “Through this victory and the strike that made it possible, IAM members have taken a stand for respect and fair wages in the workplace.”

“Livable wages and benefits that can support a family are essential — not optional — and this strike underscored that reality,” they added. “This contract will have a positive and generational impact on the lives of workers at Boeing and their families. We hope these gains inspire other workers to organize and join a union. Frontline Boeing workers have used their voices, their collective power, and their solidarity to do what is right, to stand up for what is fair — and to win.”

IAM’s international president, Brian Bryant, called the contract “a new standard in the aerospace industry — one that sends a clear statement that aerospace jobs must be middle-class careers in which workers can thrive.”

“Workers in the aerospace industry, led by the IAM — the most powerful aerospace union in the world — will not settle for anything less than the respect and family-sustaining wages and benefits they need and deserve,” said Bryant. “This agreement reflects the positive results of workers sticking together, participating in workplace democracy, and demonstrating solidarity with each other and with the community during a necessary and effective strike.”

Rep. Pramila Jayapal (D-Wash.), chair of the Congressional Progressive Caucus and an outspoken supporter of the Boeing strike, congratulated IAM members on Monday “for winning a hard-fought victory.”

“I also congratulate Machinists President Jon Holden as well as Boeing CEO Kelly Ortberg for working to reach a deal that ensures Boeing will continue to build quality planes that contribute to our country’s security and mobility while valuing and respecting the fact that there is no Boeing without the IAM,” Jayapal said in a statement.

As did the union leadership in their remarks, Jayapal specifically thanked Acting Labor Secretary Julie Su of the Biden administration for helping secure the deal, citing “skilled leadership” that brought “both parties to the table and to an agreement.”

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