As a public sector post-secondary institution in British Columbia, UBC’s collective bargaining mandate is set by the Provincial Government. Please find information on the 2014 Economic Stability Mandate below.
2014 Economic Stability Mandate
- The Economic Stability Mandate applies to all public sector employers with unionized employees whose collective agreements expire on or after December 31, 2013.
- The mandate provides employers the ability to negotiate longer-term agreements within a fixed fiscal envelope and offers public sector employees an opportunity to participate in the Province’s economic growth through the Economic Stability Dividend – if actual real GDP growth is one percentage point above forecast real GDP growth, then a 0.5 per cent wage increase would result, beyond whatever wage increase had been negotiated in the contract.
- Settlements are expected to be unique between sectors and reflect government’s priorities of having labour stability and affordable service delivery throughout B.C.
Goals of the Economic Stability Mandate
- To create certainty and stability throughout the public sector through longer-term voluntarily negotiated agreements.
- To protect the Province’s fiscal plan and public services by negotiating collective agreements that are affordable to the taxpayers of B.C.
- To provide public sector employees with the opportunity to share in the economic growth of the Province, conditional upon economic performance and ability to pay.