25 BWIA executives accept pay cuts

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25 BWIA executives accept pay cuts
By Curtis Rampersad
Express 06.11.03

Twenty-five executives of national carrier BWIA have agreed to take pay
cuts as high as 15 per cent to help the cash-strapped airline reduce
expenses to qualify for financial aid from the government. BWIA's top
managers yesterday signed documents to accept the pay cuts. Government has
directed that it will not give the airline financial aid unless it reduces
its operating expenses. BWIA has been promised $116.8 million in financial
assistance but needs to reduce operating costs to qualify for the money
from the government.  Executives earning under $20,000 a month agreed to
take a ten per cent salary cut starting July 1, sources confirmed
yesterday. Those making $20,000 and over a month agreed to a 15 per cent
wage cut. The managers had previously taken a five per cent salary cut last
September when the airline struggled to stay financially afloat. The
Trinidad and Tobago Airline Pilots Association (Talpa) yesterday expressed
support for the government's decision to assist BWIA in recovering from its
financial difficulties. Chairman Capt Rory Lewes recounted that Talpa
contributed to employee savings through salary and work-rule concessions.
He said they needed to meet with the government, the new management and
advisors to discuss strategies for further cost reduction and revenue
generation. And the National Trade Union Centre (Natuc), the umbrella
organisation for trade unions is contending that the government's call on
BWIA to reduce costs through employee wage cuts is illegal because under
the current collective agreement, no amendments to cuts wages can be
lawfully obtained while the collective agreement is still in effect.

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