Negotiators for Spirit AeroSystems and its technical and professional union have reached a tentative agreement on a 9 1/2 year labor contract, which covers 2,300 employees.
If ratified by members of the Society of Professional Engineering Employees in Aerospace, the agreement provides a $2,000 signing bonus, annual market raises starting next year, participation in the Spirit Incentive Plan, and increased restrictions on Spirit’s use of contract labor, SPEEA officials said.
The agreement comes after members rejected Spirit’s initial offer by 96.5 percent on July 28.
SPEEA credits an increase in membership to the outcome. Membership has risen from 30 percent to 52 percent since the last vote.
“The company listened to their employees and made significant improvements on their previous offer,” Bill Hartig, SPEEA’s chairman of the Wichita Technical and Professional Unit negotiation team, said in a statement.
If accepted, the contract would use the Salary Information Retrieval System by Mercer, which establishes benchmark salaries, to determine salary pools for annual raises, SPEEA said.
Employees would also participate in the Spirit Incentive Plan, based on company performance targets.
The length of the contract is longer than negotiators wanted, but tying increases to the Mercer data and escalating incentive plan targets will assure salaries remain competitive, the union said.
“It’s been a long journey and a tremendous amount of work and effort has been put in to get to the final result,” Bob Brewer, SPEEA Midwest director said in a statement.