The Company announced today that COLA calculation for the second quarter amounts to 2¢ per hour
If you are not aware, as per the Collective Bargaining Agreement, the C.O.L.A is rolled in at the end of our agreement. This amount will be $1.62 and will now form part of everyones base wage.
The Company has also stated that “retro” pay of 2¢ per hour will be paid out on Sept 2 for the pay period ending on August 28.