Negotiations between the Management of Demerara Mutual Life Assurance Company Limited and the National Workers Union have reached a satisfactory conclusion. Agents, Clerical and Technical staff employed with the Life Assurance Company will now benefit from a 9.5% general wage increase. The agreement will run for a period of 3 years and also provide for retroactive payments, improvement in fringe benefits and an upgrading of 6 economic items. The parties have exchanged industrial documents in preparation for the official signing of the contract.
