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Dofasco is not unionized, due to its profit-sharing plan with employees. As a result, Dofasco has avoided many of the strikes and work-stoppages which have plagued its cross-town rival. However, there has been some complaints that the employee benefits are too generous, but as of January 1st 2013 the company has cut the benefits for both drug and dental as well as removing over half of the vacation entitlements to all workers. (although they gave some of the vacation time back to the longer serving workers)[8] At one point, investors complained that the profits should have been distributed to shareholders as a special dividend rather than giving workers larger bonuses; this was a factor in the under performing stock price despite strong results. [5]

While several unsuccessful attempts have been made to organize by the United Steelworkers of America, union negotiations at Stelco have influenced wages and benefits at Dofasco.

In 2007, Dofasco was named one of Canada's Top 100 Employers, as published in Maclean's magazine, the only steelmaker to receive this honour, although it has not made the list since then and is not on the list for Canada or the Hamilton Niagara area for the current year (2013)[9][. [10]

Since 1937, Dofasco is well known for its annual tradition of holding a large Christmas party, typically featuring 30,000 guests and a 30 foot tree.

http://en.wikipedia.org/wiki/Dofasco

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I lived near enough to the steel mills in the 70's that my white convertible roof constantly needed cleaning from the pollution.

Also, I worked in the area for almost 9 years - other companies would strike, work stoppages, etc,. never Dofasco.

They have an "employee organization" - and of course they have "battles" with management - but always a paycheck.

Shareholders/investors are getting greedy - no idea how much longer it will survive as-is;

but to survive this long is indeed commendable imo.


CC