After various meetings, the Company has reached its best and final offer for a contract extension with PSEG, including a wage increase and additional time off for employees to comply with the NJ Earned Sick Leave Law. The terms of this tentative agreement will become effective on May 1, 2021 and will expire on April 30, 2023 upon ratification by Union members. If the agreement is not ratified, the terms of the existing Collective Bargaining Agreements (CBAs) will remain in effect until April 30, 2021.
The parties agree that, upon ratification, all terms and conditions of the current CBAs will remain in force until April 30, 2023, with the following exceptions:
Wage Increase
Effective 1/1/21: 2.75%
Effective 5/1/22: 2.75%
NJ Earned Sick Leave Law
This law required employers to provide eligible employees up to 40 hours of paid time off per benefit year to use for certain purposes. Effective January 1, 2021, the parties have agreed to the following:
- The Company will provide full-time represented employees who accrue less than 40 hours of paid time off per calendar year in the form of vacation days and floating holidays additional paid time off based upon their month of hire. If hired between January and September, the Company will ensure that the employees have 40 hours available during the calendar year. If hired in October, November or December, the Company will provide 24, 16 and 8 hours (respectively) of Personal Time. These hours will not carry over to the following year.
For the reasons cited above, your negotiating committee recommends an ACCEPT for this 2-year agreement. Voting will take place on October 22. Details are posted at your work location.
For more details, read the full agreement here.