Latest update November 8th, 2024 1:00 AM
Apr 13, 2010 News
Sterling Products Limited (SPL) on Friday signed a Collective Labour Agreement that will see key employees benefiting from salary increases over the next two years.
At the event Chief Labour Officer, Yoganand Persaud, witnessed the signing of the agreement between SPL, the Clerical and Commercial Workers’ Union (CCWU) and employees.
Commending the company, Persaud noted, “It is good to know management and staff can come to such an agreement which will benefit both parties, and one that was mutually agreed on. The staff has expressed their satisfaction and management remains committed to the bargaining process.”
According to the company’s Chief Executive Officer, Ramsay Ali, the fulltime permanent employees have received a salary increase of eight percent effective January 1, 2010. Additionally, salaries from December 31, 2010 will increase by 9.5 percent. Employees who demonstrate efficiency and have been successful in their appraisal will benefit from this agreement.
“The decision was taken as an incentive for those workers who perform more than others and a motivator to employees to work effectively and efficiently. This was a mutual agreement between management and staff. The appraisal will help to form a better relationship between the two parties. We will also get more production out of employees and there’s a possibility they will benefit even more as performance improves, based on the structure of the agreement,” Ali stated.
According to CCWU General Secretary, Ann Anderson, the agreement shows SPL’s commitment to the welfare and upkeep of the workers and is appreciated by the company’s management and staff.
“We signed another great agreement today with the management of Sterling. It’s an agreement where management was not afraid to discuss with the employees and the Union all the factors that usually affect a company’s ability to offer such salary increases.”
Employees present at the signing also expressed gratitude to management and were fully supportive of the agreement reached. “I am happy that the employees can meet with management freely to discuss such matters and come to a mutual agreement,” said Plant Operator Seecharran Sukhu.
He further noted that the decision is a positive one that will encourage him and his colleagues to work harder and more efficiently.
Sterling Products Limited on Thursday evening celebrated its achievement of ISO 9001:2008 certification for its range of Edible Fats products joining what is being referred to as an elite group of local companies, only nine companies in Guyana have achieved such a certification.
Lauding the company’s achievement, Minister of Tourism, Industry and Commerce, Manniram Prashad, highlighted the important role conforming to such standards would play in both the development of SPL, and local industries in general.
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