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Boeing Workers Secure 10% Raise After Contract Ratification
1 Oct
Summary
- SPEEA members ratified a four-year contract with Boeing, securing immediate 10% wage increases.
- The new contract limits mandatory overtime and adds three days of paid annual leave.
- Engineers' projected pay rises to $208,000, technicians' to $163,000 over the contract's life.
SPEEA's Professional and Technical bargaining units have ratified a four-year contract with Boeing, effective Thursday. This ratification guarantees a 10% wage increase for SPEEA members, representing around 17,000 engineers and technicians, starting Friday. The agreement follows the rejection of an earlier offer on August 21st, which led to significant strike authorization.
The new contract is projected to increase engineer pay from $152,000 to $208,000 and technician pay from $119,000 to $163,000 over its term. Beyond wages, the contract reduces the quarterly mandatory overtime limit from 144 to 96 hours for engineers and 112 for technicians.
Workers will also benefit from three additional days of annual paid leave and enhanced remote work policies. Further wage increases are scheduled, including a 4% raise in March, followed by 6% wage pools in 2028, 2029, and 2030, with guaranteed minimums and performance-based components.
