UTT President addresses late employee salaries
The President of the University of Trinidad and Tobago (UTT), Professor Sarim al-Zubaidy has stated that employees’ salaries for the month of November will not be on the 29th instead of the 25th as a result of the University not receiving its monthly allocation from the Government on time.
In a statement issued on Friday, al-Zubaidy said that while he was fully aware that staff’s monthly financial commitments, the situation was unavoidable.
He indicated that the University receives a monthly allocation $16.7 million from the Government, however, for the month of October it only received $10 million and that was received in November.
He added that the figure has caused the University much concern as payroll accounts for over 70 percent of the institution’s overall monthly spend. He added that the situation was made more serious since the University had not received its monthly subvention for November and was informed that it would also be $10 million.
“As President of the University of Trinidad and Tobago it gives me no pleasure to see the staff of this fine institution upset and inconvenienced in any way,” he said. "I would like to make it abundantly clear, if the University has access to the required monies, staff would be paid today as is customary."
He said that the University was working as quickly as possible to alleviate the problem.