Boeing Aims to End Labor Dispute with $6,000 Bonus Offer

Boeing has offered a new contract deal to its striking employees in the St. Louis area, including a $6,000 ratification bonus and planned wage increases totaling 24% over five years. The company aims to end the labor dispute, which has halted portions of defense production and drawn attention from lawmakers. The agreement would raise the average base pay for covered employees from $75,000 to $109,000 a year. Reuters obtained a letter from Boeing Defense, Space & Security Chief Steve Parker outlining the new proposal, which will be voted on by union members on November 12.