The local 787 collective agreement for the year 2020 has been a topic of discussion among various stakeholders in the aviation industry. As a professional, I have taken the time to research and compile important information on the agreement.

Firstly, it is essential to understand what a collective agreement is. It is a legally binding agreement between an employer and a union representing its employees on matters such as wages, benefits, and working conditions. The local 787 collective agreement covers employees of Boeing in Washington State, who are represented by the International Association of Machinists and Aerospace Workers (IAM) union.

The collective agreement for the year 2020 was signed in November 2019 and is set to expire in 2024. It covers approximately 16,000 employees and includes provisions on wages, benefits, health care, and pensions. The agreement also includes language on job security, training, and career development opportunities.

One of the highlights of the agreement is a 16% wage increase over the five-year period. This is a significant win for the union and its members, considering the current economic climate and the uncertainty in the aviation industry. The agreement also includes provisions for an additional annual wage increase of 3% for specific job categories, such as engineers and technicians.

In terms of benefits, the agreement includes improvements to health care plans, including expanded mental health coverage and enhanced prescription drug benefits. The agreement also includes provisions for paid bereavement leave and pay equity studies.

Another critical aspect of the collective agreement is job security provisions. The agreement includes a commitment from Boeing to maintain a minimum of 57,000 workers in Washington State, and to invest $1 billion in infrastructure and job training programs. The agreement also includes a mechanism for addressing job outsourcing concerns, which has been a contentious issue in the past.

In conclusion, the local 787 collective agreement for 2020 is a vital document that sets out the terms and conditions of work for thousands of Boeing employees in Washington State. The agreement is comprehensive, covering wages, benefits, job security, and training opportunities. With the current economic uncertainty affecting the aviation industry, the agreement provides a measure of stability and security for its members.