The Board of Directors and Management of the Grenada Investment Development Corporation have reached an impasse in its ongoing salary negotiations for the eight\u00a0 members of the Grenada Public Workers Union, and the matter has been forwarded to the Office of\u00a0 the Labour Commissioner.<\/p>\n
Negotiations in relation to the terms and conditions of the Collective Bargaining Agreement have\u00a0 effectively ceased. In accordance, therefore, with section 45(2) of the Labour Relations Act Chapter\u00a0 157A of the 2010 Continuous Revised Edition of the Laws of Grenada (\u201cLabour Relations Act\u201d) and based on the stipulated provisions within the ambits of the Labour Relations Act, GIDC has referred\u00a0 the matter to the Office of the Labour Commissioner for a resolution.<\/p>\n
The negotiating team for GIDC began negotiations on August 20, 2021, with a view to agreeing on\u00a0 the terms and conditions of the Collective Bargaining Agreement 2019-2024. Subsequent to the\u00a0 commencement date of August 20, 2021, meetings were held between GIDC and GPWU on\u00a0 December 2, 2021, December 16, 2021, and March 16, 2022.<\/p>\n
At the meeting held on December 2, 2021, GIDC\u2019s proposals were the following: for 2019, there\u00a0 will be a one-off payment of 2%, and for 2020 and 2021, it will be 0%.<\/p>\n
The salary increases for the respective years were rejected by GPWU, and it instead proposed 6%\u00a0 for 2019; 7% for 2020; and 7% for 2021.<\/p>\n
At the meeting held on March 16, 2022, GIDC counter-proposed the following:<\/p>\n
2019 \u2013 2%<\/p>\n
2020 \u2013 1%<\/p>\n
2021 \u2013 1.5%<\/p>\n
GPWU, again, rejected and proposed the following:<\/p>\n
2019 \u2013 5.5%,<\/p>\n
2020 \u2013 6%<\/p>\n
2021 \u2013 6%.<\/p>\n
It is important to note that the Corporation\u2019s financial disposition in the year preceding, and the years\u00a0 for which the proposed salary increases are applicable shows a financial deficit of:<\/p>\n
EC$405,873.00 for 2018; EC$161,010.00 for 2019, and EC$241,965.00 for 2020. These deficits are\u00a0 a direct result of loss of revenue from<\/p>\n
Building 10 at Frequente Industrial Park which was destroyed by fire in 2018. Additionally, fiscal\u00a0 constraints have been exacerbated by the COVID-19 pandemic.<\/p>\n
Cognizant of its fiscal limitations, on March 23, 2022, GIDC wrote to GPWU advising that GIDC\u2019s\u00a0 proposals regarding salary increases being 2% for 2019, 1% for 2020 and 2% for 2021 were based\u00a0 on a directive of the Ministry for Finance, as guided by the Public Finance Management Act.<\/p>\n
GIDC remains committed to the rights of all its workers and looks forward to a speedy resolution of this matter.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Board of Directors and Management of the Grenada Investment Development Corporation have reached an impasse in its ongoing salary negotiations for the eight\u00a0 members of the Grenada Public Workers Union, and the matter has 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