Triumph Composite Systems and the union representing its 43 Spokane engineers have reached a tentative contract agreement that will provide bonuses and wage increases, cap medical premiums, and bar layoffs through September 2013.
Members of The Society of Professional Engineering Employees in Aerospace will vote on the agreement Thursday.
Terms include a bonus of the greater of six percent or $4,000 in the first year, and $2,300 in the second and third years of the 39-month pact. Salaries will increase one percent the first year, two percent the second and three percent third. Medical premiums can rise only 24 percent over the life of the contract.
With overtime, said SPEEA Director of Strategic Development Rich Plunkett, some members are taking home six-figure salaries.