The union is demanding a 13% wage increase for the contract running for three years. However, Boeing could only promise an 11% wage increase and some more incentives that the Boeing Company claimed would have an added value of $34,000 to the annual pay of an average worker, who currently earns around $64,000 annually. Boeing also claimed that what the workers in the company are offered in the contract is the best package ever offered in the aerospace industry. This is according to the vice president and lead negotiator of Boeing, Doug Kight.
IAMAW is guided by several goals, which include increasing the purchasing power of its workers in order to provide them with higher and improved living standards, ensuring that all workers are paid equally, ensuring that the working place is safe and healthy, and advocating for joint training in apprenticeship and job retraining.
Those working in aviation jobs who are members of International Association of Machinists and Aerospace Workers have several benefits, including representation of their interests, the community, and the legislation halls. Once a member has joined the International Association of Machinists and Aerospace Workers, they are no longer alone in facing employers in matters pertaining to the working contract, terms, or anything to do with the working environment. Respect in the job prevails to all members because of the union or collective strength accrued from being a member of the union. In addition, IAMAW’s members have the advantage of higher wages compared to non-union workers in the same job. The company they work for also fully pays for medical benefits and pension.