According to a media release, the offer was approved through a membership vote, with the company being notified of the results earlier in the day.
In the statement, Viterra Canada said that the four-year agreement recognizes employee’s contributions to the company’s pay-for-performance compensation structure, including continued eligibility for an annual bonus payment under the company’s Short-Term Incentive Plan.
“We’re very pleased to have reached a long-term agreement with our employees, one that we believe is fair and reasonable that takes into account their needs while balancing the needs of our business through long-term labour stability,” said Jordan Jakubowski, VP of Human Resources for Viterra Canada. “We have a long history of working fairly and respectfully with our employees, and through this agreement, we can continue to serve our customers with superior service across our Saskatchewan business.”