{"id":225379,"date":"2025-02-14T00:00:00","date_gmt":"2025-02-14T04:00:00","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=225379"},"modified":"2025-02-13T12:41:42","modified_gmt":"2025-02-13T16:41:42","slug":"liat-1974-ltd-latest-update-on-employee-compensation-payments","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/liat-1974-ltd-latest-update-on-employee-compensation-payments\/","title":{"rendered":"LIAT 1974 Ltd: Latest Update on Employee Compensation Payments"},"content":{"rendered":"
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The Antigua and Barbuda government continues efforts to facilitate payments to former employees of LIAT 1974 Ltd, as discussions over compensation progress.<\/p>\n\n\n\n

Chief of Staff in the Prime Minister\u2019s Office, Lionel Hurst, confirmed that while the government has no legal obligation to cover outstanding severance, it remains committed to assisting affected workers through a goodwill payment.<\/p>

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\u201cThis is a good-faith payment by the Gaston Browne administration in an effort to ensure that the former employees have some resources from their period of employment,\u201d Hurst said.<\/p>

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The first tranche of payments is expected to be drawn from a bond valued at more than $16 million.<\/p>\n\n\n\n

However, Hurst did not provide an update on how many former employees had taken up the offer or when disbursements would be completed.<\/p>

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\u201cThe reference to LIAT was introduced by the Financial Secretary, who is not directly attached to the problem, except for providing the funding so that it can be transferred to past LIAT employees,\u201d he said.<\/p>\n\n\n\n

The issue of unpaid severance has remained contentious since LIAT 1974 Ltd entered administration, with former staff across the region pushing for full settlements. <\/p>

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Antigua and Barbuda has led regional efforts to provide some form of compensation, as negotiations with other shareholder governments continue.<\/p>

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Further updates on the process are expected in the coming weeks.<\/p>\n\n\n\n

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CLICK HERE TO JOIN OUR WHAT\u2019S APP GROUP The Antigua and Barbuda government continues efforts to facilitate payments to former employees of LIAT 1974 Ltd, as discussions over compensation progress. Chief of Staff in the Prime Minister\u2019s Office, Lionel Hurst, confirmed that while the government has no legal obligation to cover outstanding severance, it remains […]<\/p>\n","protected":false},"author":12,"featured_media":195552,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,5],"tags":[],"class_list":["post-225379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-news"],"yoast_head":"\nLIAT 1974 Ltd: Latest Update on Employee Compensation Payments - Antigua News Room<\/title>\n<meta name=\"description\" content=\"LIAT 1974 Ltd: Latest Update on Employee Compensation Payments\" \/>\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\/liat-1974-ltd-latest-update-on-employee-compensation-payments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LIAT 1974 Ltd: Latest Update on Employee Compensation Payments\" \/>\n<meta property=\"og:description\" content=\"LIAT 1974 Ltd: Latest Update on Employee Compensation Payments\" \/>\n<meta property=\"og:url\" content=\"https:\/\/antiguanewsroom.com\/liat-1974-ltd-latest-update-on-employee-compensation-payments\/\" \/>\n<meta property=\"og:site_name\" content=\"Antigua News Room\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/antiguanewsroom\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-14T04:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-13T16:41:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mlavawteztbj.i.optimole.com\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/02\/LIAT111.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"756\" \/>\n\t<meta property=\"og:image:height\" content=\"680\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"anr_staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:site\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"anr_staff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/antiguanewsroom.com\/liat-1974-ltd-latest-update-on-employee-compensation-payments\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/antiguanewsroom.com\/liat-1974-ltd-latest-update-on-employee-compensation-payments\/\"},\"author\":{\"name\":\"anr_staff\",\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/person\/f66ae26f5698168092c3ef9bccb12038\"},\"headline\":\"LIAT 1974 Ltd: Latest Update on Employee Compensation Payments\",\"datePublished\":\"2025-02-14T04:00:00+00:00\",\"dateModified\":\"2025-02-13T16:41:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/antiguanewsroom.com\/liat-1974-ltd-latest-update-on-employee-compensation-payments\/\"},\"wordCount\":322,\"commentCount\":5,\"publisher\":{\"@id\":\"https:\/\/antiguanewsroom.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/antiguanewsroom.com\/liat-1974-ltd-latest-update-on-employee-compensation-payments\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:756\/h:680\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2024\/02\/LIAT111.jpeg\",\"articleSection\":[\"Featured\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/antiguanewsroom.com\/liat-1974-ltd-latest-update-on-employee-compensation-payments\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/antiguanewsroom.com\/liat-1974-ltd-latest-update-on-employee-compensation-payments\/\",\"url\":\"https:\/\/antiguanewsroom.com\/liat-1974-ltd-latest-update-on-employee-compensation-payments\/\",\"name\":\"LIAT 1974 Ltd: Latest Update on Employee Compensation Payments - 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