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May 26, 2016

Central Bank Signs CBA with CWU

As we said, there was a second CBA signed earlier today, but at the Central Bank. While the media was not invited to that signing, a total of one hundred and eight members stand to benefit from that agreement. This, says CWU President, Audrey Matura-Shepherd is separate from that of the security officers, who are members of the union.


Audrey Matura-Shepherd, President, CWU

“We signed the CBA with Central Bank; that one did not take a year to negotiate—it was not all smooth; it was challenging, but was cordial enough. We had many issues we had to deal with and it reached a point where we at least could have agreed on the main issue of which was a salary increase that the staff wanted. There were other things that the staff wanted, but management was not yielding, but if they yielded, there were certain things that they wanted to take away. So the tradeoffs weren’t worth it for the staff and so they said just give us the increase and we will renegotiate a new CBA starting July 2017 because that CBA is only for three years. It was for three years, but it took us almost two years to negotiate this CBA that is for three years. So it is retroactive to January first 2015.”


Audrey Matura-Shepherd


“How many people does it cover?”


Audrey Matura-Shepherd

“It’s about a hundred and eight there; we have majority members.”

Viewers please note: This Internet newscast is a verbatim transcript of our evening television newscast. Where speakers use Kriol, we attempt to faithfully reproduce the quotes using a standard spelling system.

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