ICBC reaches deal with unionized workers

Executive ranks thinned as auto insurer restructures management

Unionized ICBC workers have ended their limited strike action after a tentative deal was reached on a new contract.

If ratified, they will get an immediate one per cent pay hike retroactive to July 1 and then another three per cent added in stages through 2013.

The 4,600 workers there had been without a contract since the spring of 2010 and the new four-year deal is to expire in mid-2014.

“The wage increases will keep our members from falling further behind and they will, at long last, get maternity and parental leave top-up,” said David Black, president of local 378 of the Canadian Office and Professional Employees Union.

Workers at ICBC offices had staged one-day strikes and were refusing overtime or training.

Ratification votes are taking place this week and the union recommended acceptance.

The deal came after ICBC announced Nov. 2 it will eliminate 250 jobs, mostly in management, as part of a major restructuring.

Five executives have been chopped,  leaving a nine-member executive, and a total of six executive or vice-president roles have been eliminated.

Officials said the changes go beyond the recommendations of a government review of ICBC this year, cutting the staff complement to below 2008 levels.

The review criticized the public auto insurer’s easy bonuses and generous expense policies, noting it had 54 senior managers making more than $200,000 a year – a more than four-fold increase from 2007.

ICBC responded with a pledge to cut its operating budget by $50 million.

The latest changes were announced by interim president and CEO Mark Blucher, who took over after the resignation of former president Jon Schubert.

The corporation is not in financial trouble. It routinely rings up big profits, to the point it now hands over annual dividends of around $165 million to the provincial government after amassing a nearly $4-billion reserve fund.

Just Posted

Vis holding town hall meeting in Mission

Conservative Party candidate to speak on Thursday, March 28 at the Mission Leisure Centre

VIDEO: Mission fire crews extinguish brush fire behind Walmart

The CP Rail line had to be shut down temporarily in order to run hoses over the tracks

Angler reels in monster bass at Mill Lake Park

Jayden Kalmbach had been trying to land a prize bass for months at Abbotsford’s urban lake.

Teen who fires airsoft pistol into sports field prompts large police response

Takedown occurs Monday night on Trethewey Street in Abbotsford

Make a Difference auction raises $269,000 for Foodgrains Bank

Event at McClary’s Stockyard in Abbotsford crushes previous record

VIDEO: 13-year-old killed in B.C. crash that involved five kids

The children range in age from six to 17.

MPs denounce leaked reports of Trudeau-JWR clash over Supreme Court pick

Opposition MPs called the leaks an act of desperation meant to smear Wilson-Raybould

Study says B.C.’s housing policies mean drug users can be targeted for eviction

The study involves 50 people living in Vancouver’s Downtown Eastside

VIDEO: Homicide team called in after three killed in Surrey car crash

Investigators ask public to come forward with information, dashcam video

UPDATED: Sailings resume after BC Ferries boat hits Langdale terminal

The Queen of Surrey is stuck on the dock, causing delays to Horseshoe Bay trips

Eviction halted for B.C. woman deemed ‘too young’ for seniors’ home

Zoe Nagler, 46, had been given notice after living in the seniors complex in Comox for six years

Coroner’s inquest announced for Victoria teen’s overdose death

Elliot Eurchuk was 16 years old when he died of an opioid overdose at his Oak Bay home

Vancouver Island home to B.C.’s luckiest lotto store

Five million-dollar winners have bought tickets from same Port Alberni corner store

B.C. MLAs call for no caps, no boundaries for ride hailing drivers

Minister Claire Trevena says Class 4 licence requirement will stay

Most Read