ArcelorMittal renews contracts with unionized employees
by CM Staff
This positive vote put an end to the labour disagreement that began on Feb. 2.
CONTRECŒUR — ArcelorMittal Long Products Canada has renewed three collective agreements with its employees from the Contrecoeur-East and Longueuil complexes, and its offices.
ArcelorMittal Long Products Canada says 800 of its employees ratified, with a strong majority, the principle agreement previously recommended to them by their union executives.
“We are in a new era and ArcelorMittal Long Products Canada is committed to the values of sustainable development. It is important for us, yes, to take care of our planet and to make sustainable steel, and this includes first and foremost taking care of our people,” said François Perras, Chief Executive Officer in a statement.
This positive vote put an end to the labour disagreement that began on Feb. 2.
These new six-year collective agreements (2022-2028) offer a wage increase of $9 per hour, which represents a 26 per cent increase in average wages. This means that by the end of the agreement, the wage at the bottom of the scale will increase from $29.93 to $38.93 per hour. The wage at the top of the scale will rise to $49.92 per hour.
They also updated the improvement of some premiums and the introduction of new ones that eventually represent up to $2 per hour. As for the defined benefit pension plan, it has increased by $9, including $4 in the first year, from $59 per month per year of service to $68 per month per year of service at the end of the six years.
The company has announced that it is also introducing a four-day, ten-hour schedule, new flexibility for rotating shifts and a new Saturday premium. The company is also adding new practices of compensated time and plant shutdowns practices on certain holidays.
