Wednesday, April 24, 2024

NIS will be tightened, says PM

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The Club Barbados Resort & Spa will now be paying severed workers rather than the Government dipping into the National Insurance Scheme (NIS) and laws will be tightened to deal with companies that make salary deductions but do not pay into the fund.

This information was provided by Prime Minister Mia Amor Mottley last night as she addressed the latest industrial unrest related to security firm G4S. She also revealed some details about other industrial protests in the tourism sector and sounded a warning on the NIS deductions.

She said that while the matter at The Club had been resolved with the hotel now agreeing to pay the severance rather than Government doing so, and that the problem at Savannah Hotel was being worked out, there was an – unnamed – establishment that was still having issues.

“They have agreed that they will pay the severance but they want to pay over a long time but the Government is not in that. We are not in that. We are very clear, if you can find money to do certain things you can find money to do this too and it is as simple as that. (SB)

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