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Tentative agreement with faculty & staff at UFV

News Type: 
News Date: 
Wednesday, May 6, 2015
News Details: 

VICTORIA - The University of the Fraser Valley (UFV) has reached a tentative agreement with the UFV Faculty and Staff Association, negotiated under the Economic Stability Mandate.

This five-year tentative agreement covers about 800 employees who work in a variety of positions at the university, including teaching faculty, counsellors, librarians, educational advisors, and administrative, financial and student support staff.

More than 230,000 public-sector employees are now covered by tentative or ratified agreements under the Economic Stability Mandate. Overall, this represents nearly three-quarters of all unionized public-sector employees in B.C.

The government’s Economic Stability Mandate gives public-sector employers the ability to negotiate longer-term agreements within a fixed fiscal envelope, and offers employees an opportunity to participate in the province’s economic growth through the Economic Stability Dividend. Settlements are expected to be unique and to reflect priorities negotiated to ensure labour stability and affordable service delivery throughout B.C.

Quick Facts:

  • The new 2014 Economic Stability Mandate applies to all public-sector employers whose collective agreements expired on or after Dec. 31, 2013.
  • If the province’s real GDP growth exceeds forecasts over the terms of the agreement, the agreement provides for the sharing of some benefits of that growth with the public-sector employees who work on behalf of British Columbians and help make that growth possible.
  • Under this proposal, employees would receive a conditional, incremental wage increase equal to half of any percentage-point gain in real GDP growth above the Economic Forecast Council’s forecast published in the February budget.
  • For example, if real GDP growth is one percentage point above forecast real GDP growth, then a 0.5% wage increase would result, beyond whatever wage increase had been negotiated in the contract.