Ridley Terminals is a popular company that specializes in coal and petroleum coke exportation, based in Prince Rupert, British Columbia. The company recently signed a new collective agreement with its employees, which is an exciting development for the workers and the company.

Collective agreements are crucial documents in every company, defining the terms and conditions of employment for the workers. It outlines the expectations of both the employer and employees in terms of pay, benefits, job security, and working conditions. Collective agreements also provide a framework for addressing disputes and grievances that may arise during the employment period.

The Ridley Terminals collective agreement is a five-year deal that was signed between the employer and the International Longshore and Warehouse Union (ILWU) Local 505. The agreement covers approximately 290 workers who are involved in various roles at the terminal.

One of the significant changes in the new agreement is the wage increase for the workers. As per the agreement, the workers will receive a 2.8% increase in their wages each year for the next five years. This wage increase reflects the growing cost of living and is a welcome development for the employees who have worked hard to maintain the company`s high standards.

Another critical aspect of the agreement is job security. The new agreement guarantees that no worker will be terminated without reasonable cause, and all temporary workers will have a clear path to permanent employment. This provision offers peace of mind to the workers and ensures that they can focus on their work without worrying about their job security.

The collective agreement also outlines the safety measures that the company will implement to ensure that the workers` health and safety are prioritized. The company will provide the workers with the necessary equipment and training needed to minimize accidents and injury at the workplace.

In conclusion, the Ridley Terminals collective agreement is a step in the right direction for the company. It reflects the company`s commitment to its workers` well-being and their contributions to the company`s success. This agreement will undoubtedly inspire confidence in the employees and reinforce their dedication to their work.