jannelle.bernard@cnc3.co.tt
Services at Works’ Credit Union branches in Port-of-Spain, Arima, San Fernando and Tobago are expected to be disrupted over the next 90 days (three months) as employees take industrial action over a wage dispute.
The Banking and Insurance General Workers’ Union (BIGWU) said workers have not received a salary increase in four years and have begun a legally sanctioned three-month strike after negotiations stalled.
Speaking outside the credit union’s Dundonald Street office on Monday, BIGWU president Don Devenish said the union is seeking a 15 per cent wage increase over the three-year period 2023 to 2025, while management has offered only two per cent.
Devenish argued that the credit union had invested heavily in other financial ventures while failing to adequately compensate the employees responsible for generating its income.
“We are not asking for extravagance, we are asking for fairness. The union’s proposal of 15 per cent spread over the three-year period 2023 to 2025 is reasonable, it’s responsible, it’s just,” he said.
He added, “These workers have generated the kind of income that the credit union could now engage with all kinds of frivolous projects that they are doing and they cannot pay the very workers who are generating this income.”
Quoting a well-known proverb, Devenish said, “You do not muzzle the ox while it is treading out the grain. These are the workers who serve the members, who build relationships, who safeguard the institution and generate the revenue. Now you want to deny them their fair share? That is wrong. We want we 15 per cent.”
BIGWU labour relations officer Hayden Hernandez said the union first submitted proposals in 2024 but received no response until April this year after reporting the matter to the Ministry of Labour.
He said the union only received an invitation last Thursday to attend a meeting in three weeks, describing the move as another delay in what should have been a routine negotiation process.
“We are going to stay out here until we get our just due. We are not unreasonable people and we have acted very reasonably all through this time,” Hernandez said.
He claimed the credit union’s board met last Tuesday but did not discuss the wage negotiations despite the strike notice already being issued.
“This is a three-month strike by law. And the workers are prepared to spend the three months out. We have prepared them to stay out for the three months,” he said.
The union said its members also plan to attend the Works’ Credit Union annual general meeting on August 15.
Guardian Media sought a response from Works’ Credit Union president Dawn De Souza. She said she was unable to comment because she was in a meeting. Subsequent calls went unanswered.
