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Boeing Proposes 20% Pay Hike as Jet Production Grows

The company's proposal includes a 20% general wage increase over four years and a $5,000 ratification bonus, as well as more vacation time and sick leave.

Allwork.Space News TeambyAllwork.Space News Team
July 23, 2025
in News
Reading Time: 1 min read
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Boeing Proposes 20% Pay Hike as Jet Production Grows

The logo of Boeing company is displayed at the Australian International Airshow in Avalon, Australia March 26, 2025. REUTERS/Hollie Adams/File Photo

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Boeing sent a contract offer on Tuesday to union members who assemble its fighter jets in the St. Louis area.

The company’s proposal includes a 20% general wage increase over four years and a $5,000 ratification bonus, as well as more vacation time and sick leave.

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Local union leaders are recommending that the more than 3,200 members of the International Association of Machinists and Aerospace Workers District 837 approve the contract when they vote on Sunday, the day it expires.

Boeing’s defense division is expanding manufacturing facilities in the St. Louis area for the new U.S. Air Force fighter, the F-47, after it won the contract earlier this year.

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The company is expected to expand its workforce in the coming years, as well.

(Reporting by Dan Catchpole in Seattle and Anshuman Tripathy in Bengaluru; Editing by Alan Barona)

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Source: Reuters
Tags: BusinessLeadershipNorth America
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Allwork.Space News Team

Allwork.Space News Team

The Allwork.Space News Team is a collective of experienced journalists, editors, and industry analysts dedicated to covering the ever-evolving world of work. We’re committed to delivering trusted, independent reporting on the topics that matter most to professionals navigating today’s changing workplace — including remote work, flexible offices, coworking, workplace wellness, sustainability, commercial real estate, technology, and more.

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