The Management of Demerara Mutual Life Assurance Company and representatives of the National Workers Union (NWU) have struck a new industrial deal.
Clerical and technical workers employed with the insurance company will receive a nine percent pay increase agreed between the Company and the Union. This increase will be evenly spread over a three-year period and will be effective from January1, 2024.
Provisions for upgrading the Meal Allowance and the availability of documents to employees pertaining to Pension Scheme Arrangements will also form part of the industrial framework.
Secretary General of the National Workers Union, Johann Harewood and Branch Shop Steward Sophia Desir are making all arrangements to facility a speedy official signing of the industrial Accord before the Labour Commissioner at the Department of Labour.
The National Workers Union has been representing the workers at Demerara Mutual Life Assurance Company for over ten years.