SPEEA authorizes a novel six-year contract with Spirit AeroSystems
By Akshay Kedari  Date: 2019-12-11

SPEEA authorizes a novel six-year contract with Spirit AeroSystems

Society of Professional Engineering Employees in Aerospace (SPEEA), a professional labor union representing over 24,000 engineers, reportedly approved a new six-year agreement of more than 1,620 employees with Spirit AeroSystems. These 1,620 employees are represented by the SPEEA.

The agreement was counted and validated by union tellers. The agreement received an overwhelming majority from union members at the WTPU (Wichita Technical and Professional Unit). 385 voted for approval of the agreement while 89 voted to reject in the final count.   

The agreement would be taking effect immediately. It was negotiated a year ahead of the earlier contract’s scheduled expiration.

Midwest Director of SPEEA, B.J. Moore stated that the company was able to obtain few improvements that were required and sought by members. There was a chance to negotiate early and avoid being pushed up towards a deadline, and the negotiation worked out.

The new agreement offers annual raises, surged overtime pay. It also offers a $2,000 signing bonus and unrestricted stock with an approximate value of a minimum of $1,500. Additionally, employees gave a green signal to changes in their respective medical plans during the agreement.

Mark Gayer, Negotiation Team Chair of SPEEA WTPU stated that in this agreement, there is something for everyone. The agency had a lot of transparent and open discussions over the subjects that were important for employees.

The WTPU Council Representatives (Bargaining Unit Council) and the SPEEA Negotiation Team unanimously recommended members to accept the negotiated deal.  

Formal negotiations were initiated on Nov. 6. SPEEA received a complete offer about the agreement from Spirit on Nov. 19. Further, the union held several meetings at the workplace as well as at its Wichita office. The primary motto of this meeting was to gather input prior to initiating negotiations. Member meetings were also conducted after final negotiations to answer questions of members about the agreement offer.

The new employee agreement contract now replaces the earlier contract would remain in effect till January 31, 2026.

SPEEA also represents engineers at Spirit AeroSystems in a different contract. SPEEA has more than 20,000 members across the nation. It is also a Local 2001 of the IFPTE (International Federation of Professional and Technical Engineers).
 

Source credit: https://www.businesswire.com/news/home/20191210006106/en/SPEEA-Approves-New-Six-year-Contract-Spirit-AeroSystems

About Author

Akshay Kedari    

Akshay Kedari

A qualified computer engineering graduate, Akshay Kedari takes pride in having his way with words. Following his passion for content creation, he writes insightful pieces on aeresearch.net and a few other portals. Also endorsed with a short-term experience in web deve...

Read More

More News By Akshay Kedari

Web.com Group to take over digital services provider Webcentral
Web.com Group to take over digital services provider Webcentral
By Akshay Kedari

Web technology major Web.com Group has reportedly announced that it has signed an agreement for the acquisition of Webcentral Group, a leading digital services provider for small and medium enterprises in Australia. The deal is an extension of the co...

Abcam & Cancer Research UK join forces to accelerate cancer research
Abcam & Cancer Research UK join forces to accelerate cancer research
By Akshay Kedari

Cancer Research UK, one of the world's biggest independent funder of cancer research, has recently joined forces with Abcam plc, a leading developer of life science tools and reagents, to commercialize and develop novel custom antibodie...

Kerbal Space Program unveils new ESA missions simulation update
Kerbal Space Program unveils new ESA missions simulation update
By Akshay Kedari

Kerbal Space Program, a space flight simulator video game, has launches its new Shared Horizons update across the European frontier. Reportedly, this new update would allow players to recreate ESA (European Space Agency) missions to Mercury and to a ...

Google acquires Canadian augmented reality wearables firm North
Google acquires Canadian augmented reality wearables firm North
By Akshay Kedari

In a recent turn of events, a Canada based augmented reality (AR) wearables company North, has reportedly been acquired by Google for an undisclosed valuation. Based on the reports from Globe and Mail, the deal accounted for USD 180 million. For tho...

Librestream raises $24M through CBGF-led Series-D funding round
Librestream raises $24M through CBGF-led Series-D funding round
By Akshay Kedari

Winnipeg based augmented worker enterprise solutions provider, Librestream, has reportedly raised an amount of $24 million through a Series-D funding round led by Canadian Business Growth Fund (CBGF). The company will use the procured funds to boost ...