Purolator Teamsters Collective Agreement: What You Need to Know
A collective agreement is an agreement between an employer and a union that outlines the terms and conditions of employment for workers represented by the union. The Purolator Teamsters collective agreement is an important document for workers at Purolator, a Canadian courier and freight company.
In late 2020, Purolator and the Teamsters union reached a new collective agreement after several months of negotiations. The agreement covers more than 10,000 workers and is set to expire on March 31, 2024.
Here are some key highlights of the Purolator Teamsters collective agreement:
Wages and Benefits: Under the new agreement, workers will receive wage increases in each year of the agreement. The increases will be 2.5% in the first year, 2.75% in the second year, and 3% in the third year. In addition, workers will receive a signing bonus of $1,000. The agreement also includes improvements to benefits, including vision care and paramedical services.
Pension: The pension plan for Purolator workers is a defined benefit plan, which means that the amount of the pension benefit is predetermined based on a formula. Under the new collective agreement, the employer will increase its contribution to the plan, which will help to ensure that workers have a stable source of retirement income.
Job Security: The Purolator Teamsters collective agreement includes provisions to protect workers from layoffs and outsourcing. The company has agreed not to lay off any full-time or part-time workers during the term of the agreement. In addition, the company has agreed not to outsource any bargaining unit work during the term of the agreement without first consulting with the union.
Workplace Health and Safety: The collective agreement also includes provisions to improve workplace health and safety. The company will establish a joint health and safety committee made up of union and management representatives, with the goal of identifying and addressing hazards in the workplace.
In conclusion, the Purolator Teamsters collective agreement is an important document that outlines the terms and conditions of employment for more than 10,000 workers at Purolator. The agreement includes provisions for wage increases, improvements to benefits, pension security, job security, and workplace health and safety. It is a testament to the power of collective bargaining and the importance of unions in protecting workers` rights.
