Fi Collective Agreement 2019 Rates of Pay
The FI Collective Agreement 2019 Rates of Pay: What You Need to Know
If you are a member of the FI group or interested in joining, you should be aware of the latest changes in the collective agreement. The FI collective agreement 2019 rates of pay have been released, and they outline the pay increases and other benefits that employees can expect to receive.
Firstly, let`s start with the pay increases. The new agreement includes a 2% increase for all FI employees, which will be retroactive to July 1, 2019. This means that employees will receive a pay increase for the last few months of 2019, as well as for 2020 and beyond.
In addition to the pay increase, there are also improvements to certain allowances and benefits. For example, the bilingualism bonus will increase from $800 to $1,000 per year for employees who meet the language requirements. Furthermore, employees who work in hardship locations will receive a 3% allowance, which is an increase from the previous 2%.
The new agreement also includes provisions for maternity and parental leave, which will be extended to 93 weeks. This means that employees who need to take time off to care for a newborn or adopted child will have more time to do so without worrying about job security or financial stability.
While the new collective agreement does not include any major changes to the basic terms and conditions of employment, there are still some notable improvements that will benefit FI employees. The pay increase is a welcome change, and the improvements to allowances and benefits are also significant.
It is important to note that the collective agreement covers a wide range of topics beyond just rates of pay. For example, it includes provisions for working conditions, job security, and benefits such as pensions and health care. It is worth taking the time to read the entire agreement in order to understand all of the benefits and protections that it provides.
In conclusion, the FI collective agreement 2019 rates of pay are a positive development for employees in the FI group. With a pay increase and other improvements to allowances and benefits, it is clear that the government is committed to providing fair compensation and working conditions for its employees. If you are a member of the FI group, be sure to review the agreement and take advantage of the opportunities it provides.