The Tribune

By EARYEL BOWLEG

Tribune Staff Reporter

ebowleg@tribunemedia.net

THE Bahamas Telecommunications Company (BTC) and the Bahamas Communications and Public Managers Union (BCPMU) signed a four-year industrial agreement yesterday.

BTC’s director of people Darron Turnquest said the management team’s base salary would be adjusted, the culmination of negotiations that began on April 16.

During the signing ceremony at the British Colonial Hotel, he explained that in the first year, which began in 2023, every employee will receive a double increment paid in cash on the 15th of this month. Following that, there will be a three percent salary increase, which will take effect 30 days after the 15th. In 2024, employees will see a four percent increase, followed by another three percent raise the following year.

He said all employees who have not received pension adjustments will now see changes to their defined benefit or defined contribution pension plans. BTC pays just over 19 percent of an employee’s salary on the defined benefit pension.

He also noted a 16-week maternity leave and an eight-week paternity leave.