{"id":148084,"date":"2022-03-16T11:53:35","date_gmt":"2022-03-16T15:53:35","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=148084"},"modified":"2022-03-16T11:53:58","modified_gmt":"2022-03-16T15:53:58","slug":"line-staff-at-the-st-johns-cooperative-credit-union-will-enjoy-an-8-salary","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/line-staff-at-the-st-johns-cooperative-credit-union-will-enjoy-an-8-salary\/","title":{"rendered":"Line staff at the St John\u2019s Cooperative Credit Union will enjoy an 8% salary increase"},"content":{"rendered":"
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Line staff at the St John\u2019s Cooperative Credit Union will enjoy an 8% salary increase following the completion of negotiations between the Antigua and Barbuda Workers\u2019 Union (ABWU) and management of the St. John\u2019s Cooperative Credit Union.<\/p>

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The salary increase is outlined in a new Collective Bargaining Agreement which will cover the period 1 January 2021 \u2013 31 December 2023. The agreement makes provision for a lump sum payment in the first year, followed by a 5% salary increase in the second year and a 3% increase in the final year. Another highlight of the agreement is the harmonization of the company’s retirement age with Social Security\u2019s pensionable age. The line staff will also have an early retirement option beginning at age 60.<\/p>\n

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Industrial Relations Officer at the ABWU, Fernando Samuel, is thankful to the management team of the Credit Union for an \u201cinteresting round of negotiations.\u201d Samuel underscores the importance of maintaining vibrant communication. \u201cWe had an impasse on certain items but I\u2019m happy that we were able to conclude on amicable grounds. Although these [negotiations] can be contentious matters, we believe that frequent dialogue minimizes friction, so we encourage more communication,\u201d Samuel said.<\/p>

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General Manager of the St John\u2019s Cooperative Credit Union, Jennifer Whyte, described the negotiations as an \u201cimportant process\u201d that required a lot of forward planning and strategizing. Whyte is pleased that both sides were able to arrive at an agreement that is beneficial to all the parties involved. \u201cAs long as we have the best interest of the organization and the employees at heart it’s always a win-win. It\u2019s always a good end,\u201d Whyte stated.<\/p>

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Both parties, along with line staff representatives affixed their signatures to the new Collective Bargaining Agreement on 24 February 2022.<\/p>\n

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The Antigua and Barbuda Workers\u2019 Union also represents the Supervisory and Confidential employees at the Credit Union. These negotiations are near completion and a further report will be provided.<\/p>

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Line staff at the St John\u2019s Cooperative Credit Union will enjoy an 8% salary increase following the completion of negotiations between the Antigua and Barbuda Workers\u2019 Union (ABWU) and management of the St. John\u2019s Cooperative Credit Union.   The salary increase is outlined in a new Collective Bargaining Agreement which will cover the period 1 […]<\/p>\n","protected":false},"author":3,"featured_media":148085,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-148084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nLine staff at the St John\u2019s Cooperative Credit Union will enjoy an 8% salary increase - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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