Business Times

Wage battle soon in plantations

A new round of wage negotiations between Sri Lanka plantation companies and workers – which is likely to be as troubled as the last round - has been delayed due to local council elections, trade union officials said.

The current 2-year Collective Agreement (CA) on wages between the two sides ends on 31st March 2011. It was signed in September 2009 but was with restrospective effect from March 31 of that year as the negotiations took longer than expected. Every CA starts and ends in March.

“The discussions should have already begun if not for the elections where many union officials are involved in canvasssing or campaigning,” said P. Ramanathan, President of the Joint Plantations Trade Union Centre, one of the three signatories of the last CA. Then both sides agreed to a daily wage of Rs 405 made up of a wage of Rs 285, an attendance incentive of Rs 90 and a productivity incentive of Rs 30.
The productivity incentive has become a bone of contention with some workers claiming they are not getting this due to a dispute in its computation, he said.

According to reports mainly in the Tamil press, workers are demanding an increase to Rs 700 due to high cost of living and good tea and rubber prices over the past year. But companies, according to their officials, say only low growns are fetching a good price while profits are sharply down for high and medium growns. Since low growns has a large share of the market, the prices reflect a misleading picture.

Top to the page  |  E-mail  |  views[1]
SocialTwist Tell-a-Friend
 
Other Business Times Articles
Disappointed Chinese investors return with another investment
Indian business baron on a 3-day holiday with wife, mother
PEO TV delays new installations
Wage battle soon in plantations
Sierra Cables to produce more ABC output against unviable copper
5-star hotel room rates $125 from April
Chaos continues at BOI; staff mulling ‘serious’ union action
Sri Pada pilgrims get relief from foot massage
Comment - Trouble brewing on plantations
Features - Professor Gishan Dissanaike: An emerging luminary in Economics from the University of Peradeniya
Features - More females than males in households:Govt survey
DFCC 3Q 10/11 group income reaches Rs. 13 bln
53% YoY 3Q 10/11 group net profit for Cargills, post 3 Coins, Kotmale
Hemas earnings up by 59.2%, strong growth from healthcare, transportation, leisure
Ceylon Oxygen to invest Rs 1.3 bln in new unit
Tourism, not an industry but glamour and hype, SLT head claims
AA, Asian Alliance in MoU for insurance needs
Rewarding transparency the ACCA way
Umbrella maker Rainco now into ‘Window ware and shade systems’
Features - Sri Lankan estate sector deprived of full budgetary allocations
Revenues up 45% YoY for Lankem-controlled CW Mackie
Letters
SEC’s rule on fast buck traders may be amended
Cessna aircraft makes its entry into the corporate world
Nestlé opens nominations for Rs 55 mln-worth 2012 Prize in ‘Creating Shared Value’
Focus - Broadband quality: We are there at last!
LOLC reduces borrowing costs thro’ access to long-term finance
Expolanka moves up the ladder to a corporate boardroom future
BOI jumps on ‘Wonder of Asia’ bandwagon, FDI target over $1 billion
Education issues at ST Business Club
WFP welcomes ECHO support to the flood-affected
Sri Lanka’s debt to GDP ratio at manageable levels
Sri Lankan Emeritus Prof. wins international award
Circumstances count more than attributes in investing
Sri Lanka could be a production house to India
EFC sets up HR network and launches website
Two chambers come together for mutual benefit
Microsoft Sri Lanka takes IT to 1,000 rural villages
Czech Republic to double trade volumes with Sri Lanka
Renuka posts 3Q10/11 consolidated revenue jump of 150% YoY
Man to watch: Giant strides by high networth investor Dr T. Senthiverl
Colombo prepares for mega seminar by Asian Branding Guru Martin Roll
Another $217 mln IMF tranche in April

 

 
Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 1996 - 2011 | Wijeya Newspapers Ltd.Colombo. Sri Lanka. All Rights Reserved | Site best viewed in IE ver 8.0 @ 1024 x 768 resolution