For Immediate Release
Nanaimo, BC – Since the last collective agreement was signed, there have been many changes for members of IAMAW Local Lodge 456 at Three Point Motors. A luxury import auto group based in Ontario has bought out local ownership. The BMW store in Victoria has been purchased and a new dealership in Nanaimo will be built to carry five car lines: Mercedes, BMW, Smart Cars, Suburu and Mini Cooper.
The 13 members are pleased with a three-year agreement, which provides wage increases of 2 per cent in each year of the agreement. “One of the biggest gains was in the area of RRSP contributions,” explained IAMAW District Lodge 250 Business Representative Alastair Haythornthwaite. “By the second year of this contract, all employees will receive a company contribution to their RRSP equal to 10 per cent of wage rate for all hours earned.” Another agreement highlight was the increase for prescription eyeglass allowance to $250.00 every two years.
The IAMAW represents workers at more than 35 auto dealerships on Vancouver Island and the lower mainland of British Columbia.
Nanaimo, BC – Since the last collective agreement was signed, there have been many changes for members of IAMAW Local Lodge 456 at Three Point Motors. A luxury import auto group based in Ontario has bought out local ownership. The BMW store in Victoria has been purchased and a new dealership in Nanaimo will be built to carry five car lines: Mercedes, BMW, Smart Cars, Suburu and Mini Cooper.
The 13 members are pleased with a three-year agreement, which provides wage increases of 2 per cent in each year of the agreement. “One of the biggest gains was in the area of RRSP contributions,” explained IAMAW District Lodge 250 Business Representative Alastair Haythornthwaite. “By the second year of this contract, all employees will receive a company contribution to their RRSP equal to 10 per cent of wage rate for all hours earned.” Another agreement highlight was the increase for prescription eyeglass allowance to $250.00 every two years.
The IAMAW represents workers at more than 35 auto dealerships on Vancouver Island and the lower mainland of British Columbia.
