The management of SOL Guyana Incorporated and the General Workers’ Union (GWU) on Thursday signed a Memorandum of Agreement (MoA) that ensures SOL Guyana staff will receive a significant wage and salary increase and other fringe benefits for 2024 and 2025.
The Ministry of Labour said that according to the agreement, staff will receive a 10 percent wage and salary increase from January to December 31, 2024, and an additional 5 percent from January to December 21, 2025.
It will see an increase in the company’s minimum wage to $160,000 per month for 2024, as well as the meal allowances, which are now set at – $1,500 for breakfast and $1,700 for lunch and dinner with effect from this year.
