Top Dominican corporation hikes wages 18% in 3 years
Santo Domingo.- Bucking the stance of other major employers, Central Romana Corporation and its Workers Union on Wednesday signed a new collective bargaining agreement with improved working conditions including a 18% wage hike over the three years stipulated in the pact, and a first increase of 7%, retroactive to Aug. 16.
The new agreement will be in effect until 2019 with similar proportional increase in fringe benefits of the annual bonus, Christmas bonus, vacation and perks, as well as a 15% to 23% increase in the payment of allowances, improved training plans, staff development and educational programs for employees’ children.
Moreover, stronger programs to prevent workplace accidents and diseases, and increases of more than 30% for social work during deaths in their family, and as much as 66% advance in salary in cases of marriage and birth.
The renewed pact also maintains health services, life insurance and transportation for employees.
Central Romana human resources general manager Eladio Uribe and Workers Union general secretary Eunice Magra signed the agreement in the group’s headquarters in La Romana (east).
With the announced agreement Central Romana parts ways with the majority of Dominican Republic’s top employers, which stand fast in refusing to raise workers’ wages, some as low as RD$6,000 (US$130.00) monthly.
Oct 6, 2016
Category: DR News |