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SEVERANCE PAY DISPUTE SETTLED
Saturday, September 2, 1972
The question of wages in lieu of notice of termination of services
and severance pay for 430 workers of the Tung Hoi Textiles Company Limited,
which is winding up its operations, has been settled through direct negotiation
between the management and workers' representatives.
During the negotiation, officers of the Labour Relations Service of
the Labour Department visited the factory in Tsuen Wan and the company's offices
in the Central to advise the management on the provisions of the Employment
Ordinance.
"As a result of direct negotiation, the workers will receive ex-gratia
payment of long service bonus and year-end bonus, in addition to the wages
payable to them in lieu of notice," a Labour Department spokesman said.
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