Boeing (NYSE:BA) on Monday sweetened its contract offer and said it was its “best and final” proposal for its more than 30,000 machinists as their strike, which has halted most of the aerospace giant’s aircraft production, entered its second week.
The labor union criticized the offer, saying Boeing didn’t negotiate it and calling it an attempt at bypassing the union.
Boeing’s new offer would boost general wages by 30% over four years, up from a previously proposed 25%. It also doubled the ratification bonus to $6,000, reinstated an annual machinist bonus and raised the company’s 401(k) match.
The International Association of Machinists and Aerospace Workers District 751, said the new offer “was thrown at us without any discussion.”
Boeing said the offer is contingent upon ratification by Friday at 11:59 p.m. PT. But the union, said the time frame doesn’t give it enough time to present details to members or “secure all voting locations.”
It said the company “has refused to meet for further discussion; therefore, we will not be voting on the 27th.”
However, it said that it will survey members about Boeing’s new offer.
“We will gather your opinion on whether this offer meets your demands,” it said.
Boeing didn’t immediately respond to the union’s message.
BA shares sank $1.24 to open Tuesday at $155.04.
