At least $48 million in losses.
That is what businesses will suffer from the four official holidays – Good Friday, Easter Monday, National Heroes Day and May Day – in 13 days.
This was revealed by Barbados Employers’ Confederation (BEC) executive director Sheena Mayers-Granville yesterday as she reiterated its call for a rationalisation of public holidays.
She said the distribution of public holidays means that in some years seven bank holidays fall within the first five months in the year, four within a two-week span.
That will obviously have a dampening effect on productivity, she said. (SP)
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