Press Release:- A new industrial agreement between the Management of Royal Bank of Canada (RBC) and the National Workers Union (NWU) was signed Friday September 30, 2016.
The industrial accord which makes provision for a seven percent (7%) general wage increase spread over a three (3) year duration of the contract, was signed at the Department of Labour. Workers will also benefit from back pay, Overtime, Laundry, Shoe, Meal and Dinner Allowances.
The objective of the NWU during the engagement was to reach a level of standardization and harmonization in keeping with conditions with the financial services sector.
The NWU and the Royal Bank of Canada have a tremendous industrial relationship.