CP has ratified a multi-year collective agreement with its 300 locomotive engineers, assistant engineers, conductors and brakemen on the DM&E, represented by the BLET. The new system abolishes mileage-based wages and provides the employees with a work cycle that include two consecutive days off and higher wages. The agreement will span for three years with an revert option provided to either party.
03 Dec 2015
CANADIAN PACIFIC (CP) ANNOUNCES NEW COMPENSATION AGREEMENT FOR DM&E BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN (BLET)
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CANADIAN PACIFIC (CP) ANNOUNCES NEW COMPENSATION AGREEMENT FOR DM&E BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN (BLET)
Canadian Pacific Kansas City Limited (CP:TSE) | 0 0 1.0% | Mkt Cap: 33,360m
- Published:
03 Dec 2015 -
Author:
Steven I. Paget -
Pages:
2
CP has ratified a multi-year collective agreement with its 300 locomotive engineers, assistant engineers, conductors and brakemen on the DM&E, represented by the BLET. The new system abolishes mileage-based wages and provides the employees with a work cycle that include two consecutive days off and higher wages. The agreement will span for three years with an revert option provided to either party.