{"id":148147,"date":"2022-03-17T11:33:22","date_gmt":"2022-03-17T15:33:22","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=148147"},"modified":"2022-03-17T11:33:22","modified_gmt":"2022-03-17T15:33:22","slug":"abwu-calls-for-protection-of-equity-legislation","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/abwu-calls-for-protection-of-equity-legislation\/","title":{"rendered":"ABWU Calls for Protection of Equity Legislation"},"content":{"rendered":"
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Deputy General Secretary of the Antigua and Barbuda Workers\u2019 Union, Chester Hughes, believes that the time has come for the Government of Antigua and Barbuda to introduce Protection of Equity Legislation. Such legislation would safeguard workers\u2019 severance and other benefits should companies become insolvent.<\/p>

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Within the past two years, dozens of businesses throughout Antigua and Barbuda have been forced to close their doors due to the detrimental impact of the pandemic on their revenue, and in some cases, hundreds of workers have been deprived of their severance and other benefits. Speaking at a recent public event, the Deputy General Secretary insisted that such disregard for the tireless contributions of workers must end immediately.<\/p>

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\u201cWe have been asking as a union for the Protection of Equity Legislation. We have even done our research. We have spoken to the Minister of Labour and Attorney General. We said that too many companies in this country have gotten up and left workers with empty hands,\u201d Hughes contended.<\/p>\n

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The Deputy General Secretary added that many businesses continue to operate with a limited asset base in an already volatile business environment. This puts the workers\u2019 equity at significant risk. Coupled with this, Hughes noted, is the prevailing threat of natural disasters which could debilitate a business\u2019s ability to meet its severance obligations.<\/p>\n

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The Deputy General Secretary noted that the Covid-19 pandemic helped to further expose these existing weaknesses in the system. He said the Antigua and Barbuda Workers\u2019 Union will continue to advocate for the Protection of Equity Legislation.<\/p>

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Deputy General Secretary of the Antigua and Barbuda Workers\u2019 Union, Chester Hughes, believes that the time has come for the Government of Antigua and Barbuda to introduce Protection of Equity Legislation. Such legislation would safeguard workers\u2019 severance and other benefits should companies become insolvent.   Within the past two years, dozens of businesses throughout Antigua […]<\/p>\n","protected":false},"author":3,"featured_media":114920,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-148147","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nABWU Calls for Protection of Equity Legislation - 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\" href=\"https:\/\/antiguanewsroom.com\/abwu-calls-for-protection-of-equity-legislation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ABWU Calls for Protection of Equity Legislation\" \/>\n<meta property=\"og:description\" content=\"Deputy General Secretary of the Antigua and Barbuda Workers\u2019 Union, Chester Hughes, believes that the time has come for the Government of Antigua and Barbuda to introduce Protection of Equity Legislation. 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