The industrial relations dispute between the National Workers Union (NWU) and the 1st National Bank, which began last October to November, shows no signs of resolution.
The central issue is the bank employees’ dissatisfaction with the non-compliance regarding “increment adjustments” tied to an agreement following the 1st National Bank’s acquisition of the Royal Bank of Canada (RBC) last year. Protesters are frustrated by the bank’s failure to meet its commitment to compensate staff for their increased workload.
Minister for Labour, Dr. Virginia Albert-Poyotte, has intervened in the dispute, stating that her department has initiated negotiations to resolve the ongoing impasse between the NWU, the bank employees’ representative union, and the 1st National Bank.
Dr. Albert-Poyotte confirmed that thorough discussions took place between both parties, and they agreed to present their positions for consideration. Following these consultations, Labour Commissioner Joseph Joseph authorized the employees who participated in the protests to return to work.
During a recent media briefing, Dr. Albert-Poyotte offered clarity on the situation.
“I am awaiting their feedback, but I have already issued a ruling. I provided both the 1st National Bank and the union with my judgment on this matter,” she stated.
She emphasised that 1st National Bank would meet with their employees to communicate the decisions made regarding whether they would accept her ruling or escalate the matter to the Labour Tribunal.
In discussing the implications of her ruling, Dr. Albert-Poyotte asserted her desire to avoid preempting negotiations and causing unnecessary unrest. “I prefer that they address this directly,” she stated.
Prime Minister Philip J. Pierre has expressed serious concern over the ongoing dispute among the bank’s employees. He has urged all parties to expedite negotiations to ensure financial stability in the country, emphasizing that while the government does not hold shares in the 1st National Bank, the overall climate of the financial system is a priority for him as Minister of Finance.
Prime Minister Pierre stated, “I hope that common sense prevails and that the workers return to work as soon as possible. It is the responsibility of management to engage with the workers so that we can reach a win-win situation.”
Last year, a spokesperson for 1st National Bank expressed confidence that the matter would be resolved amicably. “We are committed to open communication and addressing the issues at hand. Our priority is to ensure that all employees feel heard and valued. We believe that collaboration and dialogue are essential for resolving these matters,” the bank said.