Thousands of you have already tried out our contract offer Wage Modeler. The modeler is designed to give each employee a personalized view of how the offer could financially benefit you over the life of the contract.
SPEEA has validated that our modeler is accurate and we encourage you to try it out.
This demonstration video shows you how it works. Thanks for taking the time to try out the modeler.
As you know, we worked closely with SPEEA for several weeks to reach a final contract offer that has been endorsed by the union’s bargaining team. We’re pleased to share the full details with you.
This was the first full negotiation with SPEEA in 14 years, and we wanted to do things differently than in the past. That’s why we went all in with our strongest offer that respects you and the work you do with immediate financial improvements.
We heard loud and clear that you’ve lost ground on wages due to inflation. Under our 4-year contract offer, SPEEA members would see the largest wage pools in 40 years. Total wage funds would increase by 28.5%, with the opportunity for 31.9% compounded wage growth.
The offer is also designed to help us continue the progress we’ve worked so hard to maintain over the past two years. We’re taking the money we’d have to spend on executing a strike contingency plan and put those dollars into this offer as an investment in you.
That means the offer would give you more money today than you would have otherwise received, and it allows us all to focus on ensuring our company’s continued recovery.
Every effort has been made to ensure the accuracy of this summary information. In the event of a conflict between this summary and the collective bargaining agreement and/or benefit plan documents, the official documents will govern. All content is for informational purposes only. Federal labor law prohibits Boeing from bargaining directly with employees. We will only negotiate with union officials.
