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“Sick” FCIB employees protest delay in compensation

Posted: Saturday, September 12, 2015. 3:42 pm CST.

Saturday, September 12th, 2015. BMG: Employees of First Caribbean Bank branches all across the country called in sick yesterday, September 11, as a sign of solidarity First caribbean bank logoagainst the manner in which the selling of the bank’s assets to Heritage Bank is being handled.

Since no employees showed up for work, all branches had to be closed for the day and it’s all because they learnt that the vesting act to transfer the bank’s assets will be going to the House of Representatives to be approved next week.

That is being done while the 60 employees still await their exit package which was promised to them by First Caribbean, to break the fall of being released from their jobs.

Audrey Matura Shepherd, President of the CWU, said in an interview with the media that once the act is passed, First Caribbean will have no obligation to pay the employees off before letting them go.

Shepherd also added that Heritage Bank is not offering any of those 60 persons employment after the assets are transferred, meaning that the bread winners for their family, will be left unemployed.

Glenn Smith, the country manager for First Caribbean, told the media that the bank is working towards a quick solution so that operations could go back to normal, but for the time being, customers are encouraged to use online banking, ATM or call into their bank branch, as all phones are being manned.


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