Strong Contract Gains, Job Security Secured for Versant Members
IBEW Local 1837 members at Versant ratified a 3-year collective bargaining agreement in early July after federal mediation was brought in to help the Union and the Company bridge remaining gaps during negotiations. The contract includes significant improvements to wages, benefits, working conditions, and a key victory in protecting job security.
All classifications will see general wage increases of 4% in 2025, 3% in 2026, and 3% in 2027. In addition, several positions will see market adjustments.