Canada Post has presented a new offer to postal workers who have set this Thursday night as the deadline for renewed strike action.
Canada Post says the new offers, for the bargaining units representing urban and rural mail carriers, go further on wage increases and protect employee’s benefits and entitlements.
However, the corporation says the offers also reflect the current realities facing the company. It says it has proposed changes to its delivery model to increase its flexibility and help address “significant financial and operational challenges.”
The corporation says its new offers would allow current employees to keep their defined benefit pension, and include job security provisions along with health and retirement benefits. Up to seven weeks vacation is being offered along with pre-retirement leave and a cost of living allowance that protects against unforeseen inflation.
Canada Post also increased its wage offer, with increases of 6 per cent in year one for current employees, 3 per cent in year two, 2 per cent in year three and 2 per cent in year four. That works out to 13.59 per cent compounded.
The company says it will also create “stable and predictable part-time jobs for those looking for flexible work, with health and pension benefits and scheduled and guaranteed hours.
That, says Canada Post, will improved delivery flexibility, especially on weekends, while ensuring that letter carriers are not required to work weekend shifts.