Negotiated inflation-protection measures will trigger a full 3.0% increase this year.
British Columbia inflation data released this week confirm that the maximum wage protections in the 2022-2025 HSPBA and CBA collective agreements will be triggered, and members will receive a full 3.0% wage increase starting April 1, 2024.
For most members, this brings the total general wage increase for the three years of the agreement to nearly 14%.
The Cost of Living Adjustment (COLA) was negotiated as part of the current collective agreements and ratified by members in December, 2022. It is based on the annualized average monthly BC Consumer Price Index value over the 12 months leading up to March. The current agreements expire on March 31, 2025, and planning for the upcoming round of negotiations has already begun.
In solidarity,
Andrew Ledger
Health Sector Coordinator