September 29, 2011
A new three-year wages agreement for employees of Banks DIH Limited will take effect on October 1, 2011 following the signing of a Memorandum of Understanding (MOU) between the management of the Company and the General Workers Union (GWU).
Mr. Clifford B. Reis, Chairman and Managing Director of Banks DIH Limited and President of the GWU Mr. Norris Witter signed the agreement on Friday September 23, 2011 at Thirst Park in the presence of Chief Labour Officer Mr. Yoganand Persaud, union members and employees of Banks DIH Limited.
This agreement will be in force from October 1, 2011 to September 30, 2014.
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