BusinessBoeing Engineers Approve Contract with 32% Pay Raise Over 4 Years
Boeing's white-collar engineers and technicians ratified a new contract, avoiding a strike and supporting the certification of delayed aircraft. The Society of Professional Engineering Employees in Aerospace reported 67.6% approval from engineers and 53.5% from technicians. The deal includes a 32% pay increase over four years and a 10% immediate raise, boosting Boeing shares by 3.4%.
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