Boeing workers are still on strike because the union doesn’t accept the company’s “best and final” offer of a 30% pay raise

The International Association of Machinists and Aerospace Workers (IAM), which speaks for thousands of Boeing workers on strike, strongly disagrees with the company’s most recent pay offer, which it calls “best and final.”

The International Association of Machinists and Aerospace Workers (IAM), which speaks for thousands of Boeing workers on strike, strongly disagrees with the company’s most recent pay offer, which it calls “best and final.” A 30% wage rise over four years is part of this offer, which has made the ongoing strike that started earlier this month even worse.

Boeing, the big company that makes airplanes, said in a letter, “After listening to our employees and their concerns, we today presented our best and final offer.”

Boeing’s new offer also brings back a performance bonus and makes retirement perks better. However, the IAM says that this offer was made without any talks or negotiations first. Boeing rejects this claim. The union said, “It was thrown at us without any discussion,” which showed that they were unhappy with how the company was handling the negotiations.

Over 30,000 Boeing workers went on strike after turning down an earlier offer of a deal that would have given them a 25% pay raise. The IAM had first asked for a 40% raise, which showed that they were very unhappy with how Boeing was paying its workers. The rejection was backed by a large majority of union members; 96% supported going on strike and 95% voted against the first offer.

Boeing’s new offer includes a one-time signing bonus that has been raised to $6,000. This bonus is only given if the union agrees to the terms by September 27 at midnight Pacific time. But the IAM has said it won’t hold a membership vote before this date, which shows that the two parties are becoming more divided.

Boeing said in a statement that it stood by what it did and that it had been negotiating honestly since official talks began in March. The company said it told the union about the offer before telling workers about it directly, which has made the union even more angry.

Boeing is already having a hard time with a lot of problems, and the strike adds to those problems. The labor issue is having an effect on the U.S. economy as a whole, not just at Boeing, where shipments have been stopped and major operational problems have been experienced. As long as the walkout lasts, the company has cut thousands of jobs and given its leaders and managers in the U.S. one week off every four weeks.

As things get worse, the government is stepping in to help the IAM and Boeing negotiate. They want to find a solution that meets the concerns of workers while bringing stability back to the huge company that makes airplanes. The next few days will be very important in deciding how this labor conflict ends and what it means for Boeing and its employees in the future.