Economic Increases. The tentative agreement contains significant improvements to monetary compensation for members. The PSAC-UTE bargaining team successfully secured fair wage increases and wage adjustment averaging at 2.07% per year. PSAC-UTE members will receive the following wage increases: In addition to those wage increases, the following wage adjustments were also obtained: 0.50% 1.00% • A one-time lump sum payment of $400 to each employee in the bargaining unit on the date of signing of the collective agreement • A one-time payment of $500 in recognition of the extended collective agreement implementation deadline and an additional $50 for every subsequent 90-day delay
Appears in 3 contracts
Sources: Tentative Agreement, Tentative Agreement, Tentative Agreement