G&F Financial Group

Burnaby, B.C. (32,000 member-services employees, money advisors, credit-services partners) and the MoveUp (Canadian Office and Professional Employees Union), Local 378

G&F Financial Group
Click here to view the original collective agreement.

Renewal agreement: Effective July 1, 2019 to June 30, 2023. Ratified on July 30, 2019. Signed on Sept. 28, 2019.

Wage adjustments:

Effective July 1, 2019: 1.75%

Effective July 1, 2020: 2.25%

Effective July 1, 2021: 2.5%

Effective July 1, 2022: 2.5%

Shift premium: Minimum $50 per month for employee who is promoted to higher position.

Paid holidays: 12 days.

Vacations with pay: 15 days after 1 year, 16 days after 2 years, 1 additional day vacation, maximum 30 days, after 3 years and for each year of service thereafter. Supplementary vacation plan: After completing 10 or more years of service, employee will, in addition to regular vacation to which employee is entitled, become eligible to receive supplementary vacation every 5 years: 5 days after 10 years; 5 days after 15 years; 5 days after 20 years; 5 days after 25 years; 5 days after 30 years; 5 days after 35 years.

Overtime: Time and one-half for all work after 35 hours per week; double time after 2 hours of overtime. Time and one-half for all work on employee’s scheduled day off; double time after 2 hours of overtime. Double time for all work on Sunday.

Medical benefits: Employer pays 100% of premiums.

Dental: Employer pays 100% of premiums.

Vision: $300 every year.

Sick leave: 1 day per month. Employees will be required to bank and carry forward 10 accrued and unused days at year end in order to coincide with waiting period for STD insurance. Effective Jan. 2, 2021: 5 days at year end.

STD: Employer pays 100% of premiums.

LTD: Employer pays 100% of premiums.

AD&D: Employer pays 100% of premiums.

Life insurance: Employer pays 100% of premiums.

Pension: Employees will be able to participate in group RRSP after 1 year of service. Employer contributes 10.5% (previously 10.25%) to group RRSP.

Bereavement leave: 5 days for death in immediate family (father, mother, stepparent, fiancé, spouse, son, daughter, sister, brother, mother-in-law, father-in-law, grandchild). 2 days for death in extended family (brother-in-law, sister-in- law, grandparents, grandparents-in-law). Maximum 1 day leave, without deduction of pay, to attend funeral as pallbearer or mourner may be given.

Seniority – recall rights: 6 months after 6 months of service; 12 months after 12 months of service; 18 months for employee who temporarily leaves bargaining unit to fill position with employer.

Call-in pay: Compensated by applicable overtime premium for minimum 2 hours or for time worked, whichever is greater. Travel time to and from employee’s residence will be considered time worked.

Probationary period: 120 days worked.

Severance: 2 week’s pay at employee’s current salary for each year of service, minimum 2 weeks, maximum 32 weeks.

Sample rates of annual pay (current, after 7.4% increase):

Group 1

Member services

Start: $37,942.64 rising 3 steps to $40,760.41

12 months: $41,067.45 rising 3 steps to $44,117.29

24 months: $45,212.78 rising 3 steps to $48,570.47

Group 2

Money advisor

Start: $37,942.64 rising 3 steps to $40,760.41

12 months: $40,185.21 rising 3 steps to $43,169.53

24 months: $44,514.93 rising 3 steps to $47,820.79

36 months: $46,761.79 rising 3 steps to $50,234.51

48 months: $50,068.84 rising 3 steps to $53,787.16

Group 3

Credit-services partner

Start: $42,812.63 rising 3 steps to $45,992.07

12 months: $44,514.93 rising 3 steps to $47,820.79

24 months: $46,761.79 rising 3 steps to $50,234.51

36 months: $51,212.64 rising 3 steps to $55,015.90

48 months: $54,519.69 rising 3 steps to $58,568.54

Group 4

Sr. money advisor

Start: $48,142.49 rising 3 steps to $51,717.75

12 months: $49,844.80 rising 3 steps to $53,546.47

24 months: $52,329.64 rising 3 steps to $56,215.85

36 months: $55,329.03 rising 3 steps to $59,437.99

48 months: $58,204.07 rising 3 steps to $62,526.55

Editor’s notes: Employee loans: After 1 year of service, employees will be entitled to lower-interest loans. Mortgages can be paid out without penalty on following basis: sale of property; any other repayment or pay-down is subject to standard policies and procedures applicable to all credit union members. Products and services: Employees will be allowed 1 account, either personal or joint (non-business use), per employee at no charge. Employees will be allowed 1 small safety deposit box or 50% percent off any other larger box. Employees who have passed probation will be able to purchase maximum US$10,000 per year at employer’s cost (includes cash, money orders, travellers’ cheques).

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