Saint Lucia
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Bank of Saint Lucia and National Workers Union Sign New Collective Agreement


ALMOST three hundred clerical and technical employees working with Bank of Saint Lucia in branches located in Gros Islet, Castries, Soufriere, Vieux Fort and Choiseul are now benefitting from a new industrial accord negotiated between the Bank and the National Workers Union (NWU).

The new industrial regime makes provisions for increases in vehicle and mileage allowances, meal and subsistence allowances, as well as temporary and permanent transfer allowances. Employees will also benefit from an overall retroactive general wage increase of 11% along with a lump sum two weeks’ pay. The duration of the industrial accord spans two trienniums; 2019-2022 and 2022–2025.

Secretary General of the NWU, Johann Harewood and BOSL Senior Manager -Human Resources, Minelva Oculien-Moses have indicated that the company has agreed to implement the said benefits within the industrial accord to satisfy the interests of all parties involved.

The documents were signed by representatives of the Bank of Saint Lucia and the National Workers Union in the presence of officials from the Department of Labour.