Georgetown : The Guyana Agricultural and General Workers Union (GAWU) and the Guyana Sugar Corporation (Guysuco) today reached agreement on the formula applicable to award Annual Production Incentive (API) for this year (2011).
For the production equivalent to 31,200 tonnes sugar, a day’s pay will be awarded as API to qualified workers. Thus, the Corporation’s revised target of 282,712 tonnes enables workers to receive not less than 9.06 days’ pay. The year’s production which stands at 146,712 tonnes sugar as at today already entitles workers to 4.7 days’ pay.
It is a surprise that the Corporation, unlike in recent years, exercised wisdom to settle with the Union, wage adjustment and API award and to do so months prior to the conclusion of the second crop in the year.
In recent years, there was much controversy and confrontation between the parties on the resolution of these issues, not forgetting last year (2010) the Corporation’s threat to hijack the Recognition Agreement subsisting since 1976 between the Union and the Corporation.
Next Thursday at 10:30h the Union and the Corporation are to append the API Agreement at the Corporation’s Training Centre at LBI Estate.
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