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New Boeing Proposal Offers Striking Workers More Cash Up Front
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Nov. 11, 2025 | STRIKES | Boeing executives have presented a new proposal to the [International Association of Machinists] as its strike continues into its fourth month. The proposal includes a $6,000 ratification bonus, but not the $3,000 in restricted stock units and retention bonuses in the previous plan. Those options were removed to bring more cash up front, said Boeing President and CEO Steve Parker in a letter to striking workers on Monday. Parker said parts of the previous proposal remain… [It] "means the average base pay will go from $75,000 to $109,000 a year. And, there’s the potential for even more value with overtime,” Parker said. The International Association of Machinists and Aerospace Workers represents about 3,200 workers in the St. Louis area. Union members rejected Boeing’s last proposal 51% to 49%. St. Louis NPR
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