Around 300 members of Veoneer Safety Systems Canada in Markham, Ontario, part of IAM Union Local 2113, have ratified a new collective agreement that brings substantial improvements to their working conditions. The agreement, a result of tireless negotiation, includes several key enhancements aimed at supporting the health and financial wellbeing of the workforce.
One of the most notable victories in this new deal is the introduction of individual sick days, a first for the group. This marks a significant step in recognizing the personal health needs of employees. In addition, the collective agreement sees an increase in the healthcare spending account, providing workers with more flexibility in managing their healthcare costs.
Pension benefits also saw substantial improvements, ensuring better retirement security for the workers. Along with these enhancements, members will receive general wage increases, reflecting the company’s recognition of their efforts and commitment.
The bargaining committee, composed of Jamie Runco, Wilfred Lam, Penny Frangou, and Ralph Aquino, played a crucial role in securing these benefits. Despite the challenges presented by the company’s split into two bargaining units following a sale two years ago, the committee stayed focused on securing improvements. They worked tirelessly to protect and enhance the benefits in the collective agreement, advocating passionately for the needs of the membership.
This successful outcome reflects the strength and determination of Local 2113, ensuring that its members can now look forward to a more secure future with better health benefits and financial stability.
