Power company, GPSU reach salary deal

The Guyana Power and Light Inc. (GPL) and the Guyana Public Service Union (GPSU) reached an agreement on December 29, 2015 for the emoluments and benefits for employees represented by the GPSU for the year 2015.

This is following negotiations that began on Wednesday November 18, 2015 which witnessed proposals and counter proposals, a release from GPL said yesterday.

In the final agreement, Junior and Senior Managers of GPL will receive the following emoluments and benefits:

 

Salaries

  1. For the year 2015, an increase of 6.56% on the existing salary level as at December 31, 2014 at each position of employment.
  2. A “one off” payment of $5,000 per month or $60,000 per annum for the year 2015.

Mileage Allowance

  1. An increase of $40 per mile for travelling; from a previous value of $135 per mile in 2014 to $175 per mile in 2015 commencing January 1, 2015.

Overtime Meal

Allowance

  1. Commencing January 1, 2015, an increase of $100, from a previous $1,000 in 2014 to $1,100 in 2015.