Treasury Board Bargaining

November 8, 2010

John Gordon on the Treasury Board agreements

PSAC National President John Gordon explains why the union bargained early, and why trade voluntary severance for a wage increase.

The union has posted this 1:42 video to explain PSAC's reasoning behind bargaining early and agreeing to changes to voluntary severance pay.

Video captions

0:00:03.280 When Treasury Board approached us
0:00:08.889 we had think to think about it
0:00:13.139 and hear what they had to say.
0:00:15.009 I asked our Board of Directors if that was the way we should go.
0:00:18.730 They said "Sure. You've got to listen"
0:00:20.539 I talked to them.
0:00:22.449 I also understood
0:00:23.820 the economic climate
0:00:25.499 not only in Canada around the world
0:00:27.709 The financial meltdown taking place
0:00:32.749 the job losses, the signals from
0:00:33.949 governments about upcoming budgets
0:00:39.379 all of those things played into
0:00:44.679 the idea of talking early
0:00:46.490 to see what we can do.
0:00:49.539 Because I feared the worst the longer you wait
0:00:58.860 Getting extra money that trades off for severance gives you
0:01:03.530 extra money in your pocket now
0:01:07.030 for the whole of your career
0:01:08.940 If you're a new employee coming in you're going to have extra on your wages
0:01:14.020 paid on every hour you work whether that be overtime or normal work
0:01:18.970 and that extra money will be pensionable
0:01:22.999 Right now your severance is not pensionable

Date Modified : 2010/11/25

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