Latest update April 14th, 2026 12:38 AM
Nov 03, 2017 News
Bosai Minerals Group (Guyana) Inc. (BMGGI) and National Association of Agricultural Commercial and Industrial Employees (NAACIE) have inked an agreement on employees’ wages and salaries
Bosai Minerals Group yesterday in a press release stated that the Management of Bosai Minerals Group (Guyana) Inc. (BMGG) and the National Association of Agricultural Commercial and Industrial Employees (NAACIE) have amicably concluded Wages & Salary Negotiations.
According to the release, NAACIE, which holds more than 65 percent representational rights of the non-management and supervisory levels employees, was able to reach an agreement with Bosai’s Management after four months of negotiations.
The statement said that the parties have committed to a two-year agreement that would see employees receiving 6.5% increase in wages and salaries across the board for each period – April 01, 2017 to March 31, 2018 and April 01, 2018 to March 31, 2019. Additionally, employees who work overtime will enjoy an increase in their meal allowances.
Those employees with more than twelve years of service would now benefit from 28 days vacation. This applies to all supervisory staff, who would also enjoy a similar leave. The monetary adjustments are retroactive to April 1, 2017.
The negotiations proved to be very time-consuming; they took six months at the negotiation table. As such, the parties have agreed to this two-year Agreement, which will be beneficial to both sides, since it will afford them additional time to review their policies that would positively impact the employees, the Company, the Community and Guyana as a whole, Bosai said.
The Company pointed out that the parties reaffirmed their commitment to strengthen dialogue and increase cooperation with the aim of improving the workers’ welfare, thus enabling the company to improve and sustain its production and productivity.
The Agreement was signed on Wednesday November 1st 2017 at the Ministry of Social Protection Conference Room, Brickdam, Georgetown. Signing on behalf of the Company were the General Manager, Acting, Mr. Kenny Peng, Accounting Superintendent, Andy Hao, Senior Personnel Officer, Mrs. Truedel Marks and Assistant Personnel Officer, Ms. Almira Millington.
The General Secretary of NAACIE, Mr. Dawchan Nagasar, Vice Chairman Neptrid Hercules, Aggrey Darlington, Secretary and Committee Member, Cedric Dover signed on behalf of the Union, according to the release.
Subscribe to get the latest posts sent to your email.
Your children are starving, and you giving away their food to an already fat pussycat.
Apr 14, 2026
Kaieteur Sports – Street football excitement is set to return to the capital city as the Guinness ‘Greatest of the Streets’ Championship resumes with its highly anticipated Georgetown leg,...Apr 14, 2026
(Kaieteur News) – For many people, the idea of mental illness is tied to a very specific image: someone wandering the streets, talking to themselves, behaving in ways that are clearly “not normal.” Because of this, it can be difficult to accept that a person who looks calm, speaks clearly,...Apr 12, 2026
By Sir Ronald Sanders (Kaieteur News) – When the two-week ceasefire between the United States and Iran was announced on 7th April, 2026, the immediate reaction across much of the world was relief. By 8th April, that relief was reflected in a sharp fall in oil prices after weeks in which conflict...Apr 14, 2026
(Kaieteur News) – Whatever gifts Guyana has, the PPP cohort holding the reins of government has better ones. It is astonishing the people that are engaged to deliver big projects for this country. One poor performing group, or a shorthanded one, I could understand. But rich, steady streams...Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.
Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: glennlall2000@gmail.com / kaieteurnews@yahoo.com