GML management and labour union reach agreement on worker compensation
In the face of takeover of MSM Ltd by media group La Sentinelle, support to those employees who have not been provided jobs in the new structure will continue to be provided by GML through subsidiary Alentaris. (Image: Orange)
In a move that brings relief to as many as 178 employees of Mauritius Stationery Manufacturers whose fate was hanging in the balance after MSM’s declaration of insolvency, GML management and the labour union have finally reached an agreement on worker compensation.
The Confederation of Private Sector Workers (CTSP) led by Reeaz Chuttoo and Jane Ragoo and representing the employees of Mauritius Stationery Manufacturers (MSM), finalized the agreement with GML management during a meeting on Thursday evening.
The meeting was convened in response to the latest 24-hour strike organized by a hundred employees to notify the public of the fate which was reserved for them under the procedures of liquidation and to regain control of negotiations on their future.
And, the employees have found relief at last and the situation has been calmed at MSM’s factory through a mutually acceptable way forward on their compensation.
Also, in the face of takeover of MSM Ltd by media group La Sentinelle, support to those employees who have not been provided jobs in the new structure will continue to be provided by GML through subsidiary Alentaris.
According to GML CEO Arnaud Lagesse, GML and MSM have always cared for the well-being of all the employees by providing them support at several levels while trying to save the company through various restructuring plans.
He added that the difficult situation in which the 178 employees of MSM find themselves is a challenging one for GML because these employees need help on a humanitarian basis and within the framework of the Employment Right Act.
It is to be noted that, in November 2013, MSM was placed under administration when various restructuring plans to boost the company’s financial position did not have an expected impact.
Michael Chan from Ernst & Young (EY) has been looking after MSM’s administration proceedings and EY’s objective is to find solutions to save the company whilst retaining the maximum jobs.