Unionized Globe employees ratify new contract

A strike has been averted at The Globe and Mail, as employees voted in favour of accepting the newspaper company’s contract offer.

Of the 337 members who voted on July 6, (75% of the 450 unionized Globe members), 289 voted yes to accept the tentative deal worked out July 2 by the union bargaining team, while another 52 voted no, according to a news release from the Communications, Energy and Paperworkers Union of Canada, Local 87-M.

The new, five-year contract includes a two-year general wage freeze followed by annual, general increases of 2, 2.5 and 2.5%. Any new employees will have to join a defined contribution retirement plan but the defined benefit pension plan will remain for existing employees.