University of British Columbia’s Board of Governors and its BCGEU staff at the Okanagan campus have ratified their tentative agreement reached under the Economic Stability Mandate.
The five-year agreement covers approximately 500 non-faculty staff, teaching assistants and markers. The term of the new agreement is from April 1, 2014, to March 31, 2019. The agreement provides for a 5.5 per cent wage increase over the five years of the term with potential for additional increases if the B.C. economy exceeds the annual forecasts set by the Economic Forecast Council during the last four years of the agreement.
Approximately 200,000 public-sector employees are now covered by tentative or ratified agreements under the Economic Stability Mandate. Overall, this represents about two-thirds of all unionized public-sector employees in B.C.
The government’s Economic Stability Mandate provides public-sector employers the ability to negotiate longer-term agreements within a fixed fiscal envelope, and offers employees an opportunity to participate in the province’s economic growth through the Economic Stability Dividend. Settlements are expected to be unique and to reflect priorities negotiated to ensure labour stability and affordable service delivery throughout B.C.
