Scores of workers from the Caribbean Broadcasting Corporation (CBC), owed millions of dollars in back pay since December, 2012, will receive their monies in full nearly ten years after they were due.
CBC’s delegation, led by chief negotiator and former senator John Williams, has informed the Barbados Workers’ Union (BWU) negotiating team that Government has assumed ownership of the back pay debt which amounts to $3.9 million. It will convert it into bonds in line with the debt restructuring programme under Barbados Economic Recovery and Transformation (BERT) plan.
This means CBC workers will receive those back pay monies in 42 different instalments, starting from April and ending October, 2022. In other words, a staffer due $16 000 in back pay, will receive $380 per month in 42 equal tranches.
However, some employees were not too pleased with the proposal. (MK)
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