The International Association of Machinists and Aerospace Workers (IAM) has reached seven tentative agreements with United Airlines for its 30,000 workers. According to IAM, the five-year accords run through 2021 and call for approximately 30% in pay increases over the term of the deal and $100 million in lump sum payments. The contract also includes a 25% hike in defined-benefit pension benefits, stops outsourcing of work currently performed by IAM members and provides for insourcing of ...

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