Saskatchewan-based business services provider Information Services Corp (TSE:ISV) has had a collective bargaining agreement ratified by the Saskatchewan Government and General Employees’ Union (SGEU).
"We appreciate the hard work and commitment of the negotiating teams on both sides of the table in reaching this agreement," said Jeff Stusek, president and chief executive officer of Information Services.
"This shows a mutual regard for the collective bargaining process, and we look forward to continuing our ongoing partnership with SGEU," he added.
The previous collective agreement expired on at the end of September of last year.
The new four-year agreement runs until the end of September 2019 and covers annual wage increases, effective at the beginning of October each year, consisting of 2% retroactive to 2015, 1.75% in 2016, 1.75% in 2017 and 2% in 2018.