Settlement at Coutts Information Services
July 6, 2012, 3:05 PM EST
CAW Local 199 members who work at Coutts Information Services in Niagara Falls, Ontario have overwhelmingly approved a new three-year contract with wage and benefit gains among many others improvements.
The new contract was approved July 4 and covers 81 CAW members at Coutts, which sells books and library related services to universities and other customers worldwide.
The new contract includes an $800 signing bonus plus a two per cent wage increase in each of year two and year three. It also provides new dental coverage, increased shift premiums, and severance pay.
Despite the potential of job loss due to business restructuring, severance pay of up to 2.5 years of service plus a six month extension of health benefits will be of great assistance to the membership, said Wayne Gates, President of CAW Local 199.
CAW Local 199 and Coutts upper management have also agreed to pursue assistance from local federal and provincial members of parliament to identify opportunities to grow the Canadian business.