The Grenada Technical and Allied Workers’ Union (GTAWU) advises customers of CIBC FirstCaribbean International Bank and the general public that the Bank seems intent on creating conditions for a serious industrial struggle before it departs from Grenada.
Following the announcement of CIBC FCIB sale to Grenada Co-operative Bank, the Union wrote seeking to address matters of urgent concern to the workers. These matters include:
- The right of the workers to elect to be transferred to Co-operative Bank or elect to be terminated and receive severance payment.
- Retroactive overtime payment owed to the workers for being illegally scheduled to work beyond the normal workday.
- Salary increases and other matters related to the Collective Labour Agreement for the period 2019 to 2021.
CIBC FCIB has refused to attend a rescheduled conciliation meeting set by the Labour Commissioner for today Tuesday, 2 November 2021.
The Grenada Technical and Allied Workers’ Union held a very successful meeting with the workers of the Bank, and they have all given their commitment to engage in any necessary action(s) to protect and secure their rights and benefits.
The Union reminds of the successful struggles of Bank of Nova Scotia and RBC/RBTT (ACB) workers against the Canadian Banks bent on treating our people with disrespect.
GTAWU shall not allow the Canadian Banks which have taken away our resources from the country to run away without adequately compensating Grenadian workers.
GTAWU
It’s all a show of bravado. Text taken from the playbook. Unions need to justify their existence.
They are fighting for the rights of the workers. The bank wants to leave without paying it’s workers what they’re due. Without the union they’d do just that.
Hello, exactly WHAT RESOURCES did these banks TAKE from Grenada?? Profits??? They don’t take the customers money. Your local banks make profits or don’t you realize that?
They should have had to settle with personnel BEFORE the sale was allowed to go through. Why didn’t your government step in and prevent this happening?
The fact still remains that they haven’t settled. And the purchase hasn’t been fully actualized as yet, which is why the unions are taking the time now to ensure they pay before leaving. This happened with all the other Canadian banks on the island. I don’t see how you’re including the Government when it’s CIBC that has refused to settle. And yes, they’ve taken the profits but are refusing to compensate the workers who made them those profits. This isn’t something that only happens in Grenada, so why shouldn’t Grenadians fight for justice?
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