After months of domestic and conciliatory industrial engagements between the Management of National Insurance Corporation (NIC) and the National Workers Union (NWU) Negotiating Team, the parties have bridged the gaps to arrive at an industrial accord.
Over one hundred (100) workers employed within the company’s social security network will benefit from the following provisions:
- 9% general wage increase spread over three (3) years; 4% Year 1, 3% Year 2 and 2% in Year 3, along with backpay compensation for over one (1) year
- Review of salary scales within three (3) months
- Length of Service Recognition compensation
- Increase in Vehicle Allowance to $1100 and Mileage Allowances to $1.75 and $4.00 (casual)
- Vehicle Loan Facility extended to employees with thirty (30) years plus service
- Laundry Allowance to Drivers and the Archives Unit
- Improvement in Health Insurance contributions to Employer 60% Employee 40%
Secretary General of the National Workers Union, Johann Harewood stated that all arrangements will be made to have the new industrial agreement signed before the Labour Commissioner as soon as possible to facilitate the implementation of the new provisions.
Meanwhile, the NWU and the Management of First Citizens Investment Bank affixed their signatures to a new industrial package before Labour Commissioner Joseph Joseph.
SOURCE: National Workers Union
wait a minute didnt they change the laws to say that Length of Service Recognition compensation will no longer be mandatory?
Yes NWU, so you all can put all the details for the NIC in a press release but for First Citizens Bank it just “Meanwhile, the NWU and the Management of First Citizens Investment Bank affixed their signatures to a new industrial package before Labour Commissioner Joseph Joseph”. I wonder why.
Government workers always get a raise. How about teachers and nurses? Oh, and, don’t you think it’s time to raise the minimum wage?!
The people need to protest on the streets for a minimum wage because the government is only playing a game
Re Article and Fire burn’s comments Every worker in St Lucia must demand a minimum living wage of $10+ per hour Worked.. The Business Owners must share the wealth with their workers and their Families.
It’s very impossible to leave on Slave wages..
The workers should withdraw their labour for a week and continue until you get a fair living wage of $10+ minimum wage…