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Thu January 2, 2014
Some Workers Set To Reach $100K Pay In Boeing Deal
Boeing's contract proposal to machinists in the Puget Sound region would likely increase some workers' annual base salaries to more than $100,000 in the coming years.
The offer going to a vote this week would slow the growth of machinists' wages starting in 2016, but workers would still get regular cost-of-living adjustments and an additional 1 percent raise every other year.
If historical cost-of-living changes continue, about 400 machinists in Washington state would surpass $100,000 in base pay in 2020, not counting shift differentials or overtime. The most common class of machinists would reach $82,000 at that point.
Local union leaders are recommending that machinists reject the proposal, in part because it would slow how fast wages grow.
But the contract would secure work on Boeing's new 777X in the region at a time when 22 states are vying for those jobs.