Home Local News Bosai Minerals, NAACIE agree on 6.5% increase in wages for employees

Bosai Minerals, NAACIE agree on 6.5% increase in wages for employees

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Flashback: Bosai employees protested last year for pay increase.
Flashback: Bosai employees protested last year for pay increase.
Flashback: Bosai employees protested last year for pay increase.

[www.inewsguyana.com] –Bosai Minerals Group Guyana and the National Association of Agricultural Commercial and Industrial Employees (NAACIE) have agreed to a 6.5% across the board increase for employees following industrial action by the workers after negotiations fell through between the Union and the mineral company.

The agreement was signed on December 05, 2014 at the Watooka House, Linden.

The agreement entails an increase in snack allowance to $550 effective April 01, 2014.

During the strike action, BOSAI’s Company Secretary Norman McLean told iNews that the employees rejected the six percent increase which the Company offered during collective bargaining agreement.

McLean believed that the six percent is a fair one, given the challenges the Company has faced in recent times.

However, General Secretary of NAACIE, Kenneth Joseph was of the view that the Company is now performing well and as such, the employees deserve to be paid more.

The employees initially demanded a 25 percent increase. However, it was later reduced to 8.25 percent.

 

 

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