BURNABY—The Community Bargaining Association (CBA) and Health Science Professionals’ Bargaining Association (HSPBA) have released their respective wage schedules, which both include a 1 per cent general wage increase and a 0.75 per cent Economic Stability Dividend (ESD). The increases are effective as of the first pay period after Friday, February 1.
As a reminder, the ESD is calculated based on 50 per cent of the positive difference between the Economic Forecast Council (EFC) Gross Domestic Product (GDP) forecast and the data released by Statistics Canada. Economic growth in B.C. exceeded the forecast provided by the EFC, the difference translating into an increase of 0.75 per cent for unionized provincial public sector employees who have reached agreements under the Government’s Economic Stability Mandate for collective bargaining, which includes the CBA and HSPBA.
The dividend is cumulative and is in addition to the general wage increases contained in the Collective Agreements.
The ESD increase plus the scheduled 1 per cent general wage increase will be applied to the current salary grids. Once applied, those grids will be revised and posted for our members so that you are able to easily view the accurate wages.