Saturday, November 24, 1973
LABOUR DISPUTE SETTLED
The dispute involving the Hip Shing Timber Company Limited and
30 of its workers following a phased close-down of the timber processing
section has been amicably settled by the Labour Department.
The dispute broke out on November 6 over the question of long
service bonus,
Officers of the Labour Relations Service of the Labour Department
stepped in soon after direct negotiation between the management and the
retrenched workers reached a deadlock. Three conciliation meetings were
subsequently held in the Tsuen Wan Office of the Service where the parties
to the dispute finally reached an agreement.
Under the agreement, the retrenched workers yesterday (Friday)
each received one month's wages in lieu of notice, year-end bonus equivalent
to one month's wages, long service bonus at 22 days' wages per year's
service, and ex-gratia payment of about 15 days' wages. The total amount
involved was in the region of $140,000.
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