Members working at BC Hydro ratify new collective agreement
Posted On: Jul 07, 2015
July 7, 2015 - Members of Local 258 IBEW working at BC Hydro voted to ratify a new 5 year collective agreement following more than a year of difficult negotiations with both sides being restricted by the constraints of the government's Economic Stability Mandate issued in 2014. "The mail-in ballot vote was counted today and our members voted to accept the terms of this agreement by a margin of 57%", said Doug McKay, the union's Business Manager. "We thank our members for participating in this democratic process."
The new contract features wage increases totalling 5 1/2% over the next four years. The union's Bargaining Committee was successful in fighting back concessions and other language being put forward by this employer, a member of the Public Sector Employers Council (PSEC).
This agreement is also subject to the government's "Economic Stability Dividend" that indicates if actual real GDP growth in BC is one percentage point above forecast real GDP growth, then a 0.5 per cent wage increase would result, beyond whatever wage increase has been negotiated in the contract.
British Columbia's GDP is forecast to grow by 2.3% in the 2015-016 fiscal year.
Featured in the new agreement is a market review of wages at the two-year stage, and the union is looking forward to the opportunity to gain improvements with this mechanism.
The previous contract for the more than 2,000 Local 258 IBEW members working as skilled trades professionals at BC's public utility expired at the end of March 2014.
Local 258 of the International Brotherhood of Electrical Workers