Bank staff huddle with union reps to discuss concerns over salary increases and other employment concerns
Staff members of CIBC FirstCaribbean International Bank are meeting with their bargaining agent to discuss their grievances, including an outstanding proposal for salary increases.
Reports say the workers converged at the lower North Street headquarters of the Antigua and Barbuda Workers’ Union to meet with their representatives.
Further reports say the employees are not prepared to accept the bank’s proposal of a 2.5 percent salary hike over a three-year period.
The bank reportedly is proposing a salary freeze in the first year of the contract, in spite of reports that its operations are profitable.
The employees are also disgruntled over other issues, including the manner in which the bank has been dealing with other key staff concerns.