CN Rail, union conclude arbitration; some workers to get higher pay
Reuters
Published Oct 11, 2022 02:33PM ET
(Reuters) - Canadian National Railway (TSX:CNR) Co said on Tuesday it had reached an agreement with labour union International Brotherhood of Electrical Workers over a new contract covering about 750 signals and communications employees.
The agreement includes a 3% wage increase for 2022, 2023 and 2024, according to the railroad operator.
Canadian National Railway had agreed to binding arbitration in July putting an end to a two-week strike.
Unions have been asking North American railroad operators for better pay and working conditions after the companies cut their workforce over the last few years in pursuit of a leaner operating model that increased profits but raised workloads for employees.
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Written By: Reuters
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