The voting has been closed regarding the vote on the Letter of Agreement (LOA) for the temporary reduction of hours period. Members have voted to approve (82.7%) the LOA and with that approval the program will start this coming week.
Results and breakdown of the vote
104 ballots cast out of 131 ballots sent out.
We have notified the Company of the result and you will need to work with your manager starting this week in order to arrange for the hour that you will be taking off.
The Voluntary Buyout Offer (VBO) will launch on Monday, June 15, 2020 and will be accepting applications until Friday, June 26, 2020. Details of the program along with a VBO calculator will be sent to members on Monday in order for members to evaluate their individual circumstance as to whether to apply or not. Please note, that once you have put in your application, the decision is irrevocable as per the Letter of Agreement.
We will update you as soon as we get information on the number of VBOs being accepted and how it will impact the reduced hours period. Thank you for your support of this agreement. Take care and stay safe.