Bosai Minerals Group Guyana Incorporated (BMGGI) and the National Association of Agricultural, Commercial and Industrial Employees (NAACIE) have entered a new Collective Labour Agreement and a financial package agreement.
The agreement states that employees across the board will be given a 7% increase in wages and salaries for the period April 1, 2011 to March 31, 2012. This accord will be effective for an additional three years and revisable as of 2015.
Enshrined in the agreement is a new rate scale replacing acting Foreman and Lead Hand premiums with Level 1 Grade 2 and Level 1 Grade 3 worker respectively and the Provident Fund was