Machinists Union Overwhelmingly Approves New Contract with Spirit AeroSystems, Ending Strike

TL;DR Summary
The machinist union at Spirit has voted to accept a new contract offer, which includes changes such as no mandatory overtime on Saturdays and maintaining the same healthcare plans. General wages will increase by 20% over the four-year contract, with a maximum cost of living adjustment of 3.5%. The contract also includes a $3,000 ratification bonus. While there was more support for this contract, it was a close vote after nearly 80% of union members voted against the previous offer. Some members believe it is best to get back to work, while others still want more improvements.
Topics:business#acceptance#contract-negotiations#healthcare-plans#labor-relations#machinist-union#spirit
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