The Management of St. Lucia Workers Cooperative Credit Union and officials from the National Workers Union (NWU) have negotiated a new industrial package. Clerical and technical workers employed with the financial institution will benefit from the new accord.
Workers will receive a general wage increase of $75.00 in Year 1 and in Year 2 and $80.00 in Year 3. A lump sum payout of $1000.00 will be paid to each worker before Xmas 2015.
Other fringe benefits to be received include Compensation for accepting additional responsibilities on the job, Uniforms consisting of 5 sets and two polo jerseys and Severance Pay at the last wage.
The agreement between the two entities will be signed shortly.