XN000022-1973-07-05 — Page 8

Daily Information Bulletin 新聞公報 All

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Thursday, July 5, 1973

LABOUR RELATIONS SERVICE HELPS SETTLE WATCH DISPUTE

The Labour Relations Service of the Labour Department has

successfully settled the dispute involving some 150 retrenched workers

of the Danemann Watch Case Factory Limited in Tsuen Wan.

The dispute arose out of the question of severance pay. It

started in early June when the management gave the workers notice that

their contracts of employment would be terminated.

About 120 workers came to a compromise with the management and

collected their severance pay on June 30.

ד'

The remaining 28 workers yesterday reached agreement with the

management at a meeting chaired by the Labour Officer in charge of the

Labour Relations Service (Tsuen Wan).

Under the agreement reached, monthly-paid workers will get

30 days wages as severance pay, daily-rated workers will get 26 days pay and piece rated workers 14 days wages.

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