Contracts include pay raises, increased entry-level wages and improved employer pension contributions.
ST. CATHARINES, Ont. — United Steelworkers (USW) members at two factories in the Niagara Region have ratified new three-year contracts that include pay raises and improved pensions with their employers.
USW members at Johnson Matthey Precision Castings in St. Catharines, Ont., approved a new contract that will provide wage increases totalling more than 5.75% over the deal.
The agreement also includes improvements in benefits, pensions, shift premiums and a $1.65 hourly increase to the entry-level wage for new workers in addition to the general wage hikes.
USW members at PanAbrasive Inc. in nearby Welland, Ont., negotiated a new contract with total wage increases of more than 5.25% over the term of the contract.
The Steelworkers union says the new agreement also provides a 20% increase in PanAbrasive’s contributions to the employees’ retirement savings plan, benefit improvements and stronger contract language on workers’ rights.
© 2014 The Canadian Press