Mississauga, ON – Members of IAMAW Local Lodge 1922 have ratified a new collective agreement with Mikor Metal Products.
“It was a tough time to negotiate when you consider sales are down 33 per cent and the employer recently lost a big contract,” explained IAMAW District Lodge 78 Business Representative Derek Ferguson.
The three-year agreement provides wage increases of 1 per cent in the first year retroactive to October 21, 2011 plus a $200 lump sum payment, 1.5 per cent in the second year and 2 per cent in the third year. Other agreement highlights include :
• Set up Operator premium is $1.00/hour effective upon ratification
• Increases in Life Insurance
• Increases in Accidental Death and Dismemberment
“It was a tough time to negotiate when you consider sales are down 33 per cent and the employer recently lost a big contract,” explained IAMAW District Lodge 78 Business Representative Derek Ferguson.
The three-year agreement provides wage increases of 1 per cent in the first year retroactive to October 21, 2011 plus a $200 lump sum payment, 1.5 per cent in the second year and 2 per cent in the third year. Other agreement highlights include :
• Set up Operator premium is $1.00/hour effective upon ratification
• Increases in Life Insurance
• Increases in Accidental Death and Dismemberment
The 13 members manufacture light metal security products such as Drop Boxes and Cash Boxes for retail store security and bank security.
IAMAW, among the largest industrial trade unions in North America, represents more than 700,000 active and retired members, and administers more than 5,000 contracts in transportation, woodworking, aerospace, manufacturing and defense related industries.