COLA Formula Generates 8-cents effective December 9, 2022
Updated On: Nov 21, 2022
Effective December 9, 2022, an 8 cent cost-of-living adjustment (COLA) will be added to the hourly wage rate for IAM members at Boeing. The 8 cents was generated for the quarter of August, September, and October 2022. COLA is generated quarterly under the IAM contract and is based on the federal government’s Consumer Price Index.
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