XN000022-1972-12-15 — Page 16

15

Friday, December 15, 1972

DISPUTE OVER SEVERANCE PAY SETTLED

With the help of the Labour Department, an amicable settlement was

reached in a labour dispute in the H.W. Turning & Co., Ltd., in Kwun Tong

over the retrenchment of 131 workers.

The two parties signed an agreement in the presence of an officer

of the Labour Relations Service of the Labour Department yesterday (December 14).

Under the agreement, the workers will each receive, where applicable,

one month's wages in lieu of notice, payment from the Staff Saving Fund, annual

bonus, severance pay and payment in lieu of annual leave due.

Officers of Labour Relations Service visited the establishment on

December 2 and conducted a total of four joint meetings for the parties concerned.

Release Time: 7.00 p.m.