Industrial Court denies statements from T&T Chamber
The Industrial Court has sought to set the record straight on what it says is inaccurate information from the Trinidad and Tobago Chamber of Industry and Commerce (T&T Chamber) regarding negotiations between Petrotrin and the majority representative union, the Oilfields Workers’ Trade Union (OWTU).
The Industrial Court on Wednesday noted that the T&T Chamber on an October 11 statement claimed that two years ago, with the threat of industrial action and the shutdown of Petrotrin, the union won a pay increase from an employer that was unable to afford even the old wages in an already overstaffed operation.
The Industrial Court has refuted the claim, stating that Petrotrin offered to pay a one percent wage/salary increase for the final year of the three years period.
The Court upheld Petrotrin’s offer, although the Union advocated for a higher percentage increase.
In the judgment delivered March 6, the Industrial Court ruled that “on the totality of the evidence, that the Company’s offer of a one percent (1%) wage/salary increase for the final year is fair and just in the given circumstances”.
The Court in its judgment noted that “[it] had to balance on one hand, the need to improve the workers standard of living and on the other, the Company’s profitability, productivity, the state of the national economy and the persistently low global energy prices, among other things”.
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