BOSAI, union agree to 7% retroactive pay increase

NACCIE representatives and members of BOSAI’s management along with Chief Labour Officer Dhaneshwar Deonarine (at centre) hold signed copies of the resolutions from the meeting. (Ministry of Labour Photo)

Wages and salary negotiations between the management of the BOSAI Mineral Group (BGM) and the workers’ union, the National Association of Agricultural, Commercial and Industrial Employees (NAACIE), ended on Thursday after the parties agreed to a 7% increase, retroactive to April, 2021.

The agreement comes weeks after the parties signed a conciliation agreement to iron out workers refusal of 5.5% increase awarded by the company.

Branch Chairman Whit-ney Graham told Stabroek News that during discussions there was a deadlock between parties. This had resulted in them moving to arbitration. However, Chief Labour Officer, Mr. Dhaneshwar Deonarine intervened and they were able to arrive at a consensus.