ISC Secures Five-Year Labor Deal with 3% Wage Hikes

Event summary

  • ISC and SGEU Local 2214 ratified a five-year collective agreement, replacing the expired deal from September 30, 2025.
  • The new agreement includes annual wage increases: 3% retroactive to 2025, 3% in 2026, 3% in 2027, 2% in 2028, and 2% in 2029.
  • Shawn Peters, ISC’s CEO, emphasized the deal enhances operational stability and reinforces commitment to employees.
  • SGEU’s bargaining chair, Steve LaVallee, highlighted the agreement’s role in addressing rising living costs for members.

The big picture

The agreement underscores ISC’s commitment to maintaining stable labor relations amid rising inflation, ensuring continuity in its registry and information management services. For SGEU, the deal represents a win in securing wage adjustments that reflect economic pressures. The five-year term provides long-term predictability for both parties, aligning with ISC’s strategy of sustaining core operations while exploring growth opportunities.

What we're watching

Cost Management
How the wage increases will impact ISC’s operational costs and profitability over the five-year period.
Employee Retention
Whether the agreement will improve employee satisfaction and reduce turnover in ISC’s registry operations.
Strategic Focus
The extent to which this labor stability allows ISC to pursue new growth opportunities in its core business.