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2020-2026 Propose Contract Amendment

Video Presentation by Matt Kempf, CFP®
Senior Director of Compensation and Retirement

Summary of offers

Contract redlines
(proposed changes marked in red)

Prof Unit Tech Unit

Contract offers (no redlines)

Tech Unit

Contract Offer Overview
Presentation - pdf

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 Summary of Proposed Changes  
  • Sick Leave & Family Illness

    • Upon Ratification: Washington State Paid Family and Medical Leave Program

    • Participation in future state legislation in California, Oregon, and/or Utah

  • Compensation - Updated Feb. 17, 2020

Wage
Increase
Pool

Promo &
OOS Funds*

Total

Additional
Lump Sum
Award

 

Prof

Tech

Prof

Tech

Prof

Tech

Prof

Tech

 
2020 3.0% 3.0% 0.5% 0.5% 3.5% 3.5% 2.0% 2.0%  
2021 3.0% 3.0% 0.5% 0.5% 3.5% 3.5% 2.0% 2.0%  
2022 3.0% 3.0% 0.5% 0.5% 3.5% 3.5% 1.5% 1.5%  
2023 3.0% 2.0% 1.5% 1.5% 4.5% 3.5% 0.0% 1.0%  
2024 3.0% 2.0% 1.5% 1.5% 4.5% 3.5% 0.0% 1.0%  
2025 3.0% 2.0% 1.5% 1.5% 4.5% 3.5% 0.0% 1.0%  
2026 3.0% 2.0% 1.5% 1.5% 4.5% 3.5% 0.0% 1.0%  

* If not spent, rolls into next year's Wage Increase Pool

2021-2022 Min 2% Prof, 2.5% Tech - Min Satisfied by Lump Award first

2020, 2023-2026 Min 2% Prof & Tech Minimum Salary Increase

    • Voluntary Investment Plan

      • Increased maximum employee contribution from 30% to 50%

    •  Group Benefits – Attachment A

      • No change in benefits. No change in healthcare premium contributions until 2023.
      • Effective 1/1/2023, eligible new retirees will pay no less than Pay Band 1

    Percent of Health Plan Total Monthly Cost      
    (not a percentage of your salary)

    Advantage+ Health Plan

    Traditional Medical Plan

    All Other Plans

    Current through 2022 (no change) 0% 5%* 12%
    Effective Jan. 2023      
             Pay Band 1:  $100,000 or less 0% 6% 12%
             Pay Band 2:  $100,000.01 to $200,000 6% 9% 15%
             Pay Band 3:  $200,000.01 or more 9% 12% 18%

    * Example:
     For Calendar year 2020, a single person pays $31.78 per month for the Traditional Medical Plan. This is 5% of the total Traditional Medical Plan monthly cost of $635.60. A single and spouse or child pays 2x, or $63.56 per month. A family of three or more pays 3x, or $95.34 per month.


    • Ed Wells

      • Continued Funding Increases, additional $250k of special targeted funds

    • Employee Incentive Plan

      • Short Term Incentive - 30% increase, from 10-day target (3.84%) to 5% target

    • SPEEA Professional Unit Classifications

      • Addition of Data Scientist Job Code

    • Parental Leave

      • Effective June 1, 2020: 12 weeks Boeing paid Parental Leave – 12-month lookback

    • Student Debt Assistance Related Tools and Benefits

      • Included in potential future non-union student debt assistance benefits

    Articles and LOUs with Material Modifications
    Article 6 Sick Leave, Bereavement & Family Illness Minor Enhancement
    Article 11 Rates of Pay and Work Schedules Major Enhancement
    Article 15 Voluntary Investment Plan Very Minor Enhancement
    Article 16 Group Benefits Contribution Increases in 2023
    Article 20 Ed Wells Partnership Minor Enhancement
    LOU 20 Employee Incentive Plan Major Enhancement
    Prof: Appendix B SPEEA Professional Unit Classifications Minor Enhancement
    LOU XX Paid Parental Leave Major Enhancement
    Side Letter Student Debt Assistance Potential Future Enhancement
    Articles and LOUs with Immaterial or No Changes
    Article 1 Recognition No Change
    Article 2 Rights of Management No Change
    Article 3 Grievance Procedure and Arbitration No Change
    Article 4 Performance Management No Change
    Article 5 Vacation Plan No Change
    Article 7 Holidays Updated Dates
    Article 8 Workforce Administration Name Changes
    Article 9 Non-Boeing Labor No Change
    Article 10 Joint Meetings No Change
    Article 12 Union Officials No Change
    Article 13 Union Security No Change
    Article 14 Strikes and Lockouts No Change
    Article 17 Retirement Plan No Change
    Article 18 Non-Discrimination No Change
    Article 19 Separability No Change
    Article 21 Layoff Benefits No Change
    Article 22 Job Classifications No Change
    Article 23 Duration Updated Dates
    LOUs 1 – 19 Various Letters of Understanding No Change
    LOUs 21 – 29 Various Letters of Understanding No Change
    Appendix A Holiday Schedule Updated Dates
    Attachment A Heath and Insurance Plans Immaterial Changes
    Attachment B Retiree Medical Plan Immaterial Changes