Local News

Minister For Labour Rules In Favour Of GTAWU And RBTT Workers In Matter Of Notice Of Retrenchment, Redundancy And Severance Pay

TheĀ MinisterĀ forĀ Labour,Ā HonourableĀ PeterĀ DavidĀ hasĀ ruledĀ thatĀ ā€œNoticeĀ toĀ theĀ Unionā€Ā andĀ ā€œNoticeĀ toĀ theĀ Workersā€Ā underĀ Retrenchment,Ā RedundancyĀ andĀ SeveranceĀ Pay,Ā shallĀ notĀ runĀ concurrently. TheĀ MinisterĀ forĀ LabourĀ wasĀ askedĀ toĀ MediateĀ byĀ RBCĀ FinancialĀ CaribbeanĀ onĀ theĀ breakdownĀ inĀ negotiationsĀ betweenĀ RBTTĀ BankĀ GrenadaĀ LimitedĀ andĀ theĀ GTAWUĀ forĀ aĀ CollectiveĀ LabourĀ AgreementĀ forĀ theĀ periodĀ JulyĀ 1,Ā 2015Ā ā€“Ā JuneĀ 30,Ā 2019. TheĀ RecommendationĀ whichĀ hasĀ beenĀ acceptedĀ byĀ GTAWUĀ meansĀ thatĀ theĀ RBTTĀ BankĀ isĀ requiredĀ toĀ firstĀ giveĀ noticeĀ toĀ theĀ UnionĀ whichĀ mustĀ expireĀ inĀ keepingĀ withĀ theĀ CollectiveĀ LabourĀ AgreementĀ beforeĀ givingĀ NoticeĀ toĀ theĀ Worker. TheĀ Union isĀ lookingĀ forwardĀ toĀ theĀ signingĀ ofĀ theĀ CollectiveĀ LabourĀ AgreementĀ whichĀ willĀ paveĀ theĀ wayĀ forĀ theĀ finalisation ofĀ theĀ outstandingĀ periodĀ fromĀ JulyĀ 1,Ā 2019. Also,Ā itĀ mustĀ beĀ remembered thatĀ RBC FinancialĀ CaribbeanĀ hadĀ informedĀ ofĀ theĀ sellingĀ ofĀ itsĀ OperationsĀ inĀ theĀ EasternĀ CaribbeanĀ whichĀ includesĀ RBTTĀ GrenadaĀ Limited.Ā ThisĀ hasĀ givenĀ riseĀ toĀ theĀ issueĀ ofĀ theĀ rightĀ ofĀ theĀ workersĀ toĀ exerciseĀ theĀ optionĀ toĀ beĀ terminatedĀ andĀ receiveĀ SeveranceĀ payĀ inĀ keepingĀ withĀ theĀ CollectiveĀ LabourĀ AgreementĀ betweenĀ theĀ Bank andĀ GTAWU. TheĀ workersĀ haveĀ beenĀ engagedĀ inĀ ā€œLowĀ Levelā€Ā industrialĀ actionsĀ toĀ protectĀ theirĀ rightĀ toĀ notĀ beĀ soldĀ toĀ aĀ newĀ employerĀ andĀ toĀ beĀ paidĀ forĀ theirĀ yearsĀ ofĀ serviceĀ toĀ theĀ previousĀ employerĀ ifĀ theyĀ doĀ notĀ wishĀ toĀ workĀ withĀ theĀ newĀ asĀ wasĀ doneĀ withĀ theĀ formerĀ BankĀ ofĀ NovaĀ ScotiaĀ workers. ThisĀ matterĀ hasĀ beenĀ ConciliatedĀ byĀ theĀ LabourĀ CommissionerĀ whoĀ isĀ expectedĀ toĀ makeĀ recommendationsĀ towardsĀ aĀ settlement.

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