Cabinet agrees to $23M severance pay for redundant GTV, GBC staff
Stabroek News
January 29, 2004
Cabinet has agreed to the allocation of $23M as severance pay for staffers at the Guyana Television Broadcasting Company (GTV) and the Guyana Broadcasting Corporation (GBC) who are to be made redundant at the end of February.
Meanwhile President Bharrat Jagdeo will today meet executives of the Clerical and Commercial Workers Union (CCWU) along with shop stewards to work out aspects of the proposed merger of the two state media entities, among other things, Cabinet Secretary Dr Roger Luncheon told the media yesterday.
According to Luncheon, Cabinet at its meeting on Tuesday had reviewed and accepted an up-to-date report of its technical team appointed to oversee the implementation of the merger.
The team was also tasked with the responsibility of concluding the industrial relations aspects of the proposed merger, Luncheon also said.
He noted that the report recommended and cabinet approved the offer of severance pay to all employees of the two state media entities at a cost of some $23M.
"That sum of money has been allocated," he said while announcing the
President's meeting with the union and the shop stewards of the bargaining unit to deal with finalising the severance package.
"Cabinet's endorsement of the recommendations from the technical team has now cleared the way and given the go-ahead for implementing the merger and the creation of the new entity whose name has been submitted as the National Communications Network Inc.," Luncheon said.