Boeing executives have presented a new proposal to the St. Louis-area machinists union as its strike continues into its fourth month.

The proposal includes a $6,000 ratification bonus but not the $3,000 in restricted stock units and retention bonuses in the previous plan. Those options were removed to bring more cash up front, said Boeing President and CEO of Boeing Defense, Space & Security Steve Parker in a letter to striking workers on Monday.

Parker said parts of the previous proposal remain, including an increase in vacation and sick leave. It also includes the option to cash out vacation time that can't be carried over if a worker is above the 80 hours cap.

“That means the average base pay will go from $75,000 to $109,000 a year. And, there’s the potential for even more value wi

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