Boeing raises its offer to union in effort to end strike [Video]

NEW YORK –

Boeing announced Monday that it raised its offer to the International Association of Machinists (IAM) union as the strike against the company enters its 11th day.

The new offer would give members a 30 per cent raise over the four-year life of the contract, including an immediate 12 per cent raise, up from the 25 per cent in raises overall and an immediate 11 per cent raise that membership voted almost unanimously against on September 12, just before walking off the job at Boeing plants on the West Coast.

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“We heard your feedback,” said a statement from Boeing to union members on its website. “We’ve made significant improvements to provide more money in key areas.”

The new offer also doubled a signing bonus to US$6,000, and increased the money that Boeing would contribute to 401(k) …