Boeing Wichita’s engineering union and the company will resume contract negotiations Jan. 13, the union reports. The Society of Professional Engineering Employees in Aerospace, represents about 700 engineers at Boeing Wichita.
Issues left to be resolved include compensation, overtime, medical co-pays, cost-of-living adjustments and holidays, SPEEA said.
According to the union:
Boeing’s offer of a wage increase is for a single increase in the first year of the contract, but nothing in the salary adjustment pool is guaranteed to individual employees, the union said. No adjustment funds were offered for the second or third year of the contract.
Engineers working overtime earn their rate plus $6.50 an hour. The company has proposed increasing it to their rate plus $15 an hour for time over 144 hours in a quarter. But it returns to the previous overtime rate in 2011.
Boeing’s current offer increases co-pays for medical plans, the union said.
Boeing also is proposing the elimination of a traditional pension benefit for new employees, replacing it with a 401(k) type account, and funding it with less than half the money to make it an equivalent benefit, SPEEA said.
