July 26, 2016 2:14 PM ET

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Company Overview of Wilfrid Laurier University

Company Overview

COLLEGES AND UNIVERSITIES, NSK

75 University Avenue West

Waterloo, ON N2L 3C5

Canada

Founded in 1911

Phone:

519-884-1970

Key Executives for Wilfrid Laurier University

President and Vice-Chancellor
Dean of Science
Compensation as of Fiscal Year 2016.

Wilfrid Laurier University Key Developments

Wilfrid Laurier University Board of Governors Approves New CUPE Contract

Wilfrid Laurier University's board of governors has approved a new contract with the union representing custodial, trades and groundskeeping staff. The new three-year deal between the university and Local 926 of the Canadian Union of Public Employees is retroactive to July 1, 2015 and expires June 30, 2018. The local represents about 110 employees at Laurier's Waterloo campus and its Kitchener location. Members went on strike July 10, 2016 reached a tentative agreement on July 15, 2016, ratified the deal on July 17, 2016 and returned to work on July 18, 2016. Local 926 members will also see changes to pension and post-retirement benefits that have already been agreed to by other unions at Laurier. Members retiring on or after Jan. 1, 2018 will be subject to the new cost-sharing structure for their post-retirement benefits. Local 926 members will see a 1.5% pay increase in each year of the three-year contract, plus 0.5% increases next January, next July and in Jan. 2018 as an offset to the pension and benefit cost changes.

CUPE 926 Reaches Tentative Agreement with Wilfrid Laurier University

Striking custodians, groundskeepers and trades, members of Local 926 of the Canadian Union of Public Employees (CUPE 926) reached a tentative agreement with their employer, Wilfrid Laurier University. The tentative agreement came on the heels of an intense day of protests outside the campus and a flurry of afternoon negotiations between the two sides, aided by a Provincially-appointed conciliation officer. The members of CUPE 926 were forced to take strike action July 10 after the University took the extreme step of ending negotiations and unilaterally imposing terms on union members. Members are expected to review the proposed tentative agreement on July 17, 2016. Details of the proposed tentative agreement will not be disclosed until members have had an opportunity to review its contents and vote on whether or not to accept the terms of the agreement.

Wilfrid Laurier University Eliminates 22 Jobs to Address a Projected Budget Deficit

Wilfrid Laurier University announced that it eliminated 22 jobs to address a projected budget deficit. Work hours for another five positions are also being reduced. The cuts were from support staff and management, but the university officials said in a news release that there will also be cuts in faculty positions. The Waterloo university faces a $25 million deficit this fiscal year if no action is taken. Salaries and benefits make up about 80% of the university's operating budget.

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