GuySuCo and the main sugar union GAWU yesterday reached a compromise on the Annual Production Incentive (API) which will likely see a total payout of $375M , equivalent to five days’ pay.
The Guyana Agricul-tural and General Workers Union had originally been seeking 6.80 days’ pay and after mixed signals at a meeting on Tuesday with GuySuCo, workers downed tools across the industry on Wednesday.
Scheduled talks, however, continued yesterday after the workers returned to work.
Komal Chand, Head of GAWU, told Stabroek News that the corporation would be releasing $75 Million for every day’s pay,