IAM ratifies new agreement with NACCA

Thursday March 14, 2019

For Immediate Release

Ottawa, ON – Members of IAM Local Lodge 1922 have ratified a new collective agreement with NACCA (National Aboriginal Capital Corporations Association).

The three-year agreement provides wage increases of 1.75 per cent in the first year, 1.5 per cent in the second year and 1.75 per cent in the third year. Other agreement highlights include:
• Members now provided with four personal days
• Increased vacation days
• Probation period for new employees reduced from five months to three
• New employees with less than one year of service now receive ten vacation days
• Improved bereavement leave

“The bargaining team of Pam Verch and Stacey Fox did an outstanding job for their members,” said IAM District Lodge 78 Business Representative Jim Snider. The members consist of Product & Service Administrator, Program Coordinator, Program Managers, Financial Analysts and Administrative Assistant.

NACCA is a membership-driven national association for a network of Aboriginal Financial Institutions, of AFI’s. NACCA supports the AFI network, which offers financing to First Nations, Metis, and Inuit businesses and communities.

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For further information:
Jim Snider – IAM District Lodge 78 Business Representative
416-225-9003/613-919-2008
Bill Trbovich – IAM Director of Communications
416-386-1789 Ext #31/416-735-9765