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Wednesday, July 4, 1973
FINAL SETTLEMENT OF GILDA DISPUTE
Severance payments will be made on Friday to some 1200 redundant
workers from the Gilda Fashions Ltd. factory at Tsuen Wan.
Workers' representatives and the factory's receiver late last
night signed an agreement in the Headquarters of the Labour Relations
Service of the Labour Department specifying how the severance pay
will be distributed among 95 daily-rated, 992 piece-rated and 119
monthly-paid workers.
The total amount of severance pay
-
$390,000
-
was agreed to
by the workers at a conciliation meeting held last Wednesday (June 27).
The head of the Labour Relations Service, Mr. T.F. Taui, who
chaired last night's meeting, said that daily-rated workers will get
17 days wages at $15 a day; piece-rated workers will get 17 days at
$18 a day; and monthly workers will get 25.8 days' wages.
The money will be paid to the workers at the Tsuen Wan Office
of the Labour Relations Service at noon on Friday.
Back wages owed to the workers were paid at the factory yesterday.
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