Tag: Wage increases
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BC public service workers ratify wage deal with province
Overview: A landmark ratification for BC public service workers British Columbia’s public service workers, represented by the BC General Employees’ Union (BCGEU), have overwhelmingly voted to ratify a new agreement with the provincial government. The settlement guarantees a three per cent general wage increase each year for the next four years, marking a significant milestone…
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IBAN Verification and October EU Changes: What Changes This Month
VoP Verification of Payee: What Changes for Euro Transfers As October arrives, a wave of EU-wide updates takes effect, with the Verification of Payee (VoP) sitting at the center of banking changes. From 9 October, banks and savings banks across the euro area must compare the recipient’s name with the IBAN before executing a euro…