COLA Formula Generates 4 Cents at Boeing Effective March 9
Posted On: Mar 06, 2018
Effective March 9, 2018, a 4 cent cost-of-living adjustment (COLA) will be added to the hourly wage rate for IAM members at Boeing. The 4 cents was generated for the quarter November 2017, December 2017 and January 2018. COLA is generated quarterly under the IAM contract and is based on the federal government’s Consumer Price Index.