2015 grenada employers association annual report

ANNUAL Report 2015 Management Rights and Responsibilities in an Industrial Relations Environment

Annual Report 2015 • Grenada Employers’ Federation

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Annual Report 2015 • Grenada Employers’ Federation

Table of Contents Notice of Meeting & Agenda ….....…………………………………………………… 03 Profile on the GEF ….....…………………………………………………………………… 04 Council of Management Members …..…………………………………………… 06 President’s Message ….....………………………………………………………………. 07 Executive Director’s Message …..………………………………………………….. 08 Council of Management Report ....................................………………….... 09 Labour Advisory Board …………………………………….................…………….. 14 NIS Appeals Tribunal ……………………………………………..................……….. 15 The Grenada Private Sector Student Support Fund ........................ 16 National Insurance Board (NIS) ...…………..........................……………..... 16 NIS Labour Market Indicators …....…………………………….................……. 17 Munistry of Labour - Labour Information ……..….................…………… 19 Grenada: Country Economic Report …………..............……………………… 21 The Consumer Price Index ……………………...................……………………… 23 Audited Statement of Accounts 2015 ………………..………………………… 24 GEF Membership List ………………….............……………………………………… 26 Past & Present Presidents of the Federation …....….......………………. 27 Affiliates: GPSO /CEC /ACTEMP IOE …………………....................………… 28

Annual Report 2015 • Grenada Employers’ Federation

Notice of Annual General Meeting I hereby give notice that the Fifty-Fourth (54th) Annual General Meeting of the Grenada Employers’ Federation will be held on Friday 16th December, 2016 at 1:30pm at the GIDC Conference Room, GIDC , Frequente Industrial Park.

AGENDA 1.

Prayers

2.

Welcome

3.

Opening Remarks

4.

Minutes of the Fifty-Third (53rd) Annual General Meeting

5.

Reports a.

Council of Management

b.

Labour Advisory Board

c.

National Insurance Scheme

d.

National Insurance Board Appeals Tribunal

6.

Auditors Report and Adoption of Audited Statements of Accounts 2015

7.

Election of Council of Management

8.

Appointment of Auditors

9.

Any Other Business

10. Guest Speaker: Ms. Vanessa Phala, Senior Specialist, Employers’ Activities ILO 11. Vote of thanks

Stacy Hastick Executive Director

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Annual Report 2015 • Grenada Employers’ Federation

Profile on the Grenada Employers’ Federation The Grenada Employers’ Federation is the private sector organization representing the consolidated voice of employers in matters of labour relations. It makes advocacy for the private sector more visible, vocal and stronger, giving it a greater capacity to influence labour, economic and social policies.

SOME CHARACTERISTICS OF GEF: ••

It is well versed in labour relations policy and techniques and performs basic functions of policy formulation, lobbying and negotiations.

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Provides advisory services, information dissemination, training, research and other services.

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Provides a unified and independent voice on issues affecting enterprise- related concerns.

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Represents employers in tripartite consultations, in disputes, in administrative or parastatal bodies.

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Negotiates with workers organizations.

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Influences the policy and the legal environment conducive to enterprise development and growth and the efficient functioning of the labour market.

VISION To be the premier employers’ representative in Grenada

Telephone: 473-440-1832; 473-439-6963 Fax No.473-440-6627 Email: gef@spiceisle.com (General); gef.ed@spiceisle.com (ED)

OUR MISSION To promote and protect the interests of employers through effective representation and value-added services that strengthens labour management relations.

OUR MANDATE To provide employers with quality representation at the organizational, national and international level in order to ensure the strength and success of the employer-community for the socio-economic wellbeing of the nation.

Webpage: www.grenadaemployers.com Address: Bldg #11, Frequente Industrial Park, P.O Box. 129 St. George, Grenada W.I

Annual Report 2015 • Grenada Employers’ Federation

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Annual Report 2015 • Grenada Employers’ Federation

Council of Management Members Mr. Dorset Cromwell Mrs. Mondelle Squires-Francis Mr. Cecil St. Louis Mrs. Casandra Slocombe Mrs. Cisley Gabriel Ms. Jasmine Alexander Mr. Lennox Andrews Mr. Michael Graham Mrs. Lynette Ogilvie-Alexis Mr. Charles Archer Mrs. Sherma –Ann Roberts

President Vice President Member Member Member Member Member Member Member Ad.Hoc Ad.Hoc

National Insurance Scheme Grenada Co-operative Bank Ltd Grenada Teachers’ School Supplies Ltd Grenada Electricity Services Ltd The Country Cold Store Ltd. ADM Caribbean Agro Industries Ltd The Communal Co-operative Credit Union Jonas Browne & Hubbard (G’da) Ltd Grenada Solid Waste Management Authority Rubis West Indies Ltd FLOW-Columbus Communications

SECRETARIAT Ms. Stacy Hastick Ms. Lona Johnson Ms. Delores Parke

Executive Director Administrative Assistant Office Attendant

BANKER RBTT Bank (G’da) Ltd TRUSTEES Mr. Allan Bierzynski Mr. George Bain Snr. Mr. Christopher De Allie AUDITORS PKF

Jonas Browne & Hubbard (G’da) Ltd. Bryden & Minors Ltd. Sissons Paints (G’da) Ltd.

Annual Report 2015 • Grenada Employers’ Federation

Message from the President The Grenada Employers’ Federation (GEF) has a mission “to promote and protect the interest of employers through effective representation and valueadded services that strengthen labour-management relations”. Undoubtedly, effective Labour- Management relations contributes to creating an ideal Labour Relations climate. Therefore, the Grenada Employers’ Federation has a responsibility to ensure that Employers’ are compliant with labour standards as stipulated in the Employment Act 1999, Labour Relations Act 1999 as well as other regulations guiding the Employer –Employee relationship.

In the year under review, the GEF, has been extensively involved in seeking the interest of our employers through the training services offered, advisory services and representation on important bodies; such as, the National Insurance Scheme Board, GCTVET Board, Labour Advisory Board, etc. and regionally at the Caribbean Employers’ Confederation (CEC).

As we reflect on another year of and celebrate all we have accomplished, we must be mindful that there is more to achieve as it relates to our mandate “to provide employers’ with quality representation at the organizational, national and regional levels in order to ensure the strength and success of the employer-community for the socioeconomic well-being of the nation”.

Over the past fifty-four (54) years, the Grenada Employers’ Federation has always had a “seat at the table” advancing our employers’ interests; however, in order to truly represent your interests we need your input.

More employers need to make managing their labour relations in the workplace a key component to increasing productivity. So much of national development is correlated with productivity in the workforce. It is not sufficient to discuss productivity and assume that measure such as training has resulted in real workplace improvement.

As employers we must find scientific means to measure productivity and other key parameters that influences the bottom line and enhances the experience we offer the general public.

Our efforts in lobbying and advocacy have resulted in real benefits for all employers’, not only our members.

We are confident that our initiatives and the general work of the Federation contribute to a more effective climate for all employers.

As President I take this opportunity to recognize the efforts of the Council of Management and the Secretariat staff who has worked diligently throughout the year under review; their contributions have advanced the agenda of the Grenada Employers’ Federation. Notwithstanding the various constraints we face have been able to engage members adequately to work in advancing the agenda that lies in our mandate; advocating employers’ views on pressing matters at the national, regional and international level.

Additionally, I must express our appreciation to all of our members who have supported the GEF in one way or another during the year. We look forward to your continued support and we will continue to work diligently to advance your interest.

Dorset Cromwell President

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Annual Report 2015 • Grenada Employers’ Federation

Message from the Executive Director In November, 2014, I joined the Grenada Employers’ Federation (GEF) as the Understudy to then Executive Director, Mr. Cecil Edwards. I immersed myself in all things GEF and gave my commitment to assisting in the organization’s development.

In January 2015, I assumed the position of Executive Director after having been mentored by Mr. Edwards; an opportunity I truly appreciated as it gave me the requisite tools to undertake my new role. Surely, I never imagined that I would’ve engrossed the magnitude of knowledge and experiences in dealing with Labour- Management Relations and advocating the interests of such a wide cross-section of the Private Sector. Albeit, the experiences have been challenging and rewarding.

The Grenada Employers’ Federation in the year under review has made strides and I am proud to be a part of the development.

Our membership has demonstrated a keen interest in the work of the Federation and has given the Secretariat the impetus to continue on in achieving the mandate which states, “to provide employers with quality representation at the organizational, national and international levels in order to ensure the strength and success of the employers-community for the socio-economic well-being of the nation”. The Grenada Employers’ Federation has worked extensively on developing the morale of the membership, representing employers on important issues and bridging gaps through engagement with key stakeholders – our membership, Grenada Chamber of Industry and Commerce (GCIC), Grenada Hotel and Tourism Association (GHTA), Ministry of Labour, CARICOM, Caribbean Employers’ Confederation (CEC), International Labour Organization (ILO), Grenada Trades Union Council (GTUC) and the list continues.

We have engaged in fruitful discussions at the Labour Advisory Board with the objective of advocating and lobbying for a balanced Labour Code; a Labour Code which would be equitable and conducive to workplace productivity and general wellbeing of the nation’s workforce. Additionally, our representatives on the National Insurance Board would have successfully negotiated with the Government of Grenada regarding their initial request for a “haircut” on debts owing to the National Insurance Scheme. The abovementioned advocacy and lobbying efforts are demonstrable instances whereby the GEF has been working for all employers and the interest of society on a whole.

On the way forward, I implore all members to become involved in the work of Federation; we need your expertise, we need your views on matters that affect the Employer- Community and we need to know how we can better serve you!

The Secretariat would continue to unload our robust membership engagement drive and solicit your views on respective matters. We would continue to seek out opportunities to form alliances and strengthen relations with our stakeholders. As Executive Director, I express sincerest appreciation to the Council of Management who have counselled and seasoned me.

I am thankful to the Secretariat staff, Ms. Lona Johnson, Administrative Assistant and Ms. Dolores Parke, Office Attendant, who have ensured my seamless transition into the role and supported me immensely. I am also grateful to the Employers who have made it their business to be involved, share their views or contacted the office for assistance and provided suggestions on improvements. Finally, I am motivated and encouraged by the support I received from all the stakeholders; as a result, I am confident that the Grenada Employers’ Federation, will be capable of further advancing the interests of employers nationally, regionally and internationally.

Our organization, the Grenada Employers’ Federation, is an organization with immense power and it is my hope that our members recognize this and truly invest in its’ continued development. When the Grenada Employers’ Federation triumph, all employers triumph as “…the achievements of an organization are the results of the combined effort of each individual” – Vince Lombardi.

With optimism and sincerity.

Stacy Hastick EXECUTIVE DIRECTOR

Annual Report 2015 • Grenada Employers’ Federation

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Report of the Council of Management In the year under review, the Council of Management held Eight (8) meetings. This report of the Council of Management aims to provide a brief overview of the matters dealt with by the Council, events attended and activities undertaken by the Grenada Employers’ Federation.

In January, Ms. Stacy Hastick appointment as Executive Director of the Federation took effect. Ms. Hastick, was the Understudy to Mr. Cecil Edwards, former Executive Director, she was appointed in December, 2014.

AML/ CTF Commission The Government of Grenada has created a Joint Anti-Money Laundering and Combating Terrorism Financing (AML/CTF) Advisory Committee. The primary purpose of the Joint AML/CTF Advisory Committee is to make recommendations to the Anti-Money Laundering and Combating Terrorist Financing Commission on initiatives for the prevention and detection Money Laundering and Terrorist financing activities. The Grenada Employers’ Federation (GEF) representative on the committee is Mrs. Mavis Mc.Burnie of the Republic Bank (G’da) Limited.

Performance Management Workshop The Grenada Employers’ Federation hosted a Performance Management Workshop entitled “Performance Management and its Impact on Productivity” on 11th and 12th March, 2015. The Workshop was facilitated by Mrs. Dawn DeCoteau of EMA Solutions Management Consultancy, based in United Kingdom and recently Grenada. This timely workshop was oversubscribed with a total of Thirty-Three (33) participants from private sector and public sector entities. The workshop was well executed and participants thoroughly enjoyed the topics discussed; namely, purpose of Performance Management; key principles for effective performance; setting SMART business based objectives and measures, Performance Management Cycle; the role of Human Resources in Performance Management; the benefits of staff engagement and incentives; importance of Team Coaching in Performance Management and Importance of Staff development and Appraisal.

Developing a Stellar Customer Service Reputation On the 12TH and 13th May, 2015, the Grenada Employers’ Federation held a customer Service Workshop coined “Developing a Stellar Customer Service Reputation”; it is intended to be an annual workshop for all member organisations to develop their staff skills in the area. The workshop was facilitated by an experienced protocol

and customer service consultant, Mrs. Alice Thomas- Roberts of Protocol Caribbean. Twenty-Seven (27) participants representing member and non-member organisations attended. A vast majority of participants expressed satisfaction with the delivery with ninety-six percent (96%) of them requested that additional sessions be hosted to accommodate their colleagues who missed this opportunity.

The core modules taught at the workshop were customer power, obstacles to stellar customer service reputation, achieving service excellence, teamwork to achieve customer satisfaction, working with employer towards company goals, exceeding customer service expectations.

JEF Convention The Executive Director of the Grenada Employers’ Federation attended the Thirty-Third (33rd) staging of the JEF Business and Workplace convention held May 21st-24th, 2015. This convention has been the signature event of the JEF for a number of years.

The theme for this signature event was “Collaborate…InnovateOpportunities for Growth” A total of twenty-two (22) local, regional and international speakers, spanning various industries and organizations, were present to deliver timely, comprehensive and thought provoking presentations.

From day one (1) to three (3), there were seven (7) episodes of concurrent sessions held. Participants were expected to attend those sessions related to their interests. The convention focused on Human Resource solutions, workplace productivity and creating an enabling business environment. It was excellent experience and it provided an opportunity for the GEF to benchmark, obtain information and greater knowledge of various Labour- Management issues that were discussed during the plenary sessions and presentations.

Some of the topics presented throughout the JEF Business and Workplace Convention were : Notions about Negotiations – “A practitioners guide for successful Collective Bargaining”; Accelerated Leadership Program (ALP) Crash Course – “A Proven Path to Collaboration, Innovation and Growth”; Not Business as Usual – “Occupational Safety & Liability Threats to Business”; Managing Absenteeism – “When Absence Speaks Louder than Words”; Strategies for Settling Industrial Disputes; Board Composition and Its Impact on Firm Performance ;Unpredicted Outcomes – “Court Judgements That Make Caribbean Employers Cringe Just a Bit” ; “Flexible Work Arrangements Balancing the Work Agenda” ; “Workforce 2030: Global Trends that will Re-define “ the Work, the Workers and the Workplace”, etc. This Convention is open to all businesses regionally. Should your organization be interested kindly contact the GEF Secretariat for more information.

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Annual Report 2015 • Grenada Employers’ Federation

Master Training Effective Business Member Organisation The Executive Director of the Grenada Employers’ Federation (GEF) received a scholarship from the ILO Sub-regional Office, Port of Spain and ITC–ILO to participate in the “Master Training on the Effective Business Member Organisation” from 23rd November, 2015 to 11th March, 2016. The Course entailed ten (10) weeks of distance learning and one (1) week of intense face to face sessions in Turin, Italy.

The Master Training course in Effective Business Member Organization focused on the key areas that Business Member Organisations like the Grenada Employers’ Federation would need to pay careful attention to in order to effectively achieve its mandate. The objectives of the training were: “to strengthen Business Member Organisations (BMOs) to perform more effectively by developing the skills of key personnel and the capacity of the business organization in the following areas: effective lobbying, advocacy and social dialogue for a better business environment; sustainable services delivery; efficient association management in the field of membership and revenue building; good governance; strategic planning for more effective BMOs.” The training was Comprehensive. Practical. Effective. Each module of the course was applicable to the experience of the Grenada Employers’ Federation as a point of learning or affirmation. Further, the face to face session, solidified the importance of the modules by providing participants with experts from successful BMOs globally in areas of Communication, Revenue Generation, Lobbying and Advocacy, etc.

Regional Employers’ Organisations Forum The Grenada Employers’ Federation was invited participate in the Regional Employers’ Organisation Forum from 22nd to 24th June, 2015 in Barbados. Ms. Jasmine Alexander, ADM Caribbean Agro.

Industries Ltd. (COM Member) and Ms. Stacy Hastick (Executive Director) attended. Unfortunately, an entire day of the session was lost as a result of a cancellation, and thereafter delay in the LIAT Flight.

The three(3) day Employers’ Forum was an activity under the European Union (EU) funded project “Challenges to CARIFORUM Labour, Private Sector and Employers to fulfill their EPA Obligations: Caribbean Employers’ Confederation (CEC) and the Caribbean Congress of Labour (CCL) Component of the Support to Facilitate Participation of CARIFORUM Civil Society in Regional Development and Integration Process”. Eighteen (18) Employers’ Organisations (Sint. Maarten was unable to attend) from the Dutch and English speaking Caribbean were represented at the forum.

The forum was aimed at identifying key issues faced at the national and enterprise level and devising solutions that can be actioned by the Caribbean Employers’ Confederation (CEC). Consequently, the CEC will be able to advocate on behalf of these organisations at the regional level. At the forum, each country made a presentation

on one of the topics identified by the CEC and ILO for discussion.

Presentations were made on the following topics: 1.

Exogenous threats from climate changes - for example more frequent and damaging hurricane and other weather patterns as well as rising sea levels – and building enterprise resilience.

2.

Legislative focus to support the implementation of the EPA Social Chapter which incorporates the four fundamental areas of ILO concern – elimination of child labour, elimination of forced labour, equality of opportunity / no discrimination and freedom of association and the right to bargain collectively.

3.

Migration issues relating to the building of a Caribbean Single Market Economy.

4.

Institutionalising tripartism at both a national and regional level so that a systematic approach to EO input to social and economic policies can be ensured.

5.

Developing an enabling environment for sustainable enterprises by reviewing regulatory barriers that hinder business development.

6.

Productivity and competitiveness improvements – especially in small and medium enterprises.

7.

Making TVET institutions and curricula more responsive to employer / business needs.

As the CEC project officer purports the Regional Employers’ Forum “served the purpose of introducing and elaborating on the EU project and understanding the issues faced by Employers’ Organizations in the execution of their mandates”. It was a timely engagement.

Caribbean Employers’ Confederation and Caribbean Congress of Labour Joint National Seminar: National Bi-partite Discussion The Caribbean Employers Confederation (CEC) and Caribbean Congress of Labour (CCL) convened a Joint National Seminar / Bi-Partite Meeting on Thursday 9th July, 2015. This seminar was an activity under the International Labour Organization (ILO) – European Union (EU) Programme for Caribbean Employers’ Confederation (CEC) and Caribbean Congress of Labour (CCL).

The ILO-EU Project is aimed at enhancing the capacities of the CEC and CCL with the view of fulfilling their obligations, with respect to the implementation of the Economic Partnership Agreement

Annual Report 2015 • Grenada Employers’ Federation

(EPA). Through this project, it is hoped that the Caribbean Employers’ Confederation (CEC) and Caribbean Congress of Labour (CCL) would be able to effectively engage in the social dialogue process to contribute to the social and economic development of the region.

Twelve (12) employers’ representatives along with the Executive Director was present at the seminar. The Participants which composed of Employers’ and Workers’ representatives were briefed on the components of the EU-ILO Project and the expectations, as well as, implications for the parties.

The Vice President of the Grenada Employers’ Federation, Mrs. Mondelle Squires-Francis made some brief remarks. She reiterated the role of the Federation by stating that the Federation “…actively take advantage of opportunities to advocate and represent their interests, while encouraging our members to aspire to be responsible and compliant stakeholders within civil society”. Mr. Kenny James, President of the Grenada Trades’ Union Council (GTUC) expressed similar sentiments in his remarks and made a clarion call for employers’ and trade unions to develop a “common position as we face the outside world”. The need for social dialogue is imminent and he assured participants that the GTUC is willing to collaborate for the cause.

During the session, the participants were divided into two working groups to address four (4) issues; namely, social dialogue, TVET, Research and Legislation.

In the Employers’ Working Group recommendations were advanced for action by the GEF (or in collaboration with GTUC). The recommendations were as follows:

8. SOCIAL DIALOGUE ••

Greater Membership involvement: an updated i n t e ra c t i v e w e b s i t e , more contact, and more engagement via periodic discussions. Council of Management should report to membership, periodically as well.

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The Federation jointly with the GTUC should write a letter to the Minister of Labour recreating “structure” for the Labour Advisory Board Meeting and Agenda.

While Part III of the Employment Act makes provisions for the structure and functions of the Labour Advisory Board, the board isn’t functioning in accordance with the Act.

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Membership views should be solicited on agenda items for the Labour Advisory Board.

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GEF representation on various key boards should be looked at.

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Annual Report 2015 • Grenada Employers’ Federation

9. TECHNICAL AND VOCATIONAL EDUCATION TRAINING (TVET) ••

GEF representation is needed on all TVET and Education related boards/ councils. The GEF must find out who these representatives are and ensure that moving forward the GEF has an opportunity to nominate a representative.

10. RESEARCH: AREAS FOR RESEARCH Recognizing the incapacity of the National Employers’ Organisations, the project is also intended to provide opportunities for training

in conducting research. The areas identified by Grenada at ILO in June was Productivity and Competitiveness (which covers a variety of areas).

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Use of research tools such as Survey Monkey may be utilized. Buy in is dependent on membership engagement.

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GEF and GTUC should advocate for a Labour Market Information System (LMIS).

11. LEGISLATION •• The Harmonization of Labour principles in the CARICOM regions means that all Labour Laws should be consistent.

The revised Labour Code hasn’t been •• received by the GEF in its entirety and the GTUC has indicated that they haven’t receive the document to date. Therefore, the GEF and GTUC would make an appeal to the Ministry of Labour to be afforded an opportunity to receive the documents and be given time to peruse, before being brought to parliament.

The session proved successful in initiating the process of social dialogue and further uncovering issues being faced by employers and workers alike.

Regional Bipartite Forum The Caribbean Employers’ Confederation (CEC) and Caribbean Congress of Labour (CCL) convened a Regional Bipartite Forum at the Grenadian by Rex Resorts in Grenada from 3rd-5th November, 2015. This session was further to the National Bipartite Forums regionally with workers and employers’ representatives across the CARIFORUM region.

At the employer-only portion of the Bipartite Regional Meeting, three areas of focus were agreed on for implementation in 2016.

These areas were based on the input of all employers’ organisation based on the areas considered useful for technical assistance from the ILO. The three areas of most interest over-all were assistance needed in developing better research skills, improved

Annual Report 2015 • Grenada Employers’ Federation

productivity particularly for SMEs and business continuity / disaster management planning.

It was agreed that first activity will thus be a Research Methodology Workshop for Officers of National Employers’ Organisations. The purpose of the activity would be to strengthen employers’ organisation understanding and application of research methodology. The Workshop would also focus on how research can be incorporated into developing policy positions for use at both a national and regional level. Further, advocacy and lobbying techniques would be discussed to aid in dissemination of policy positions.

Additionally, it was agreed two (2) workshops on Productivity Improvements Particularly for Small and Medium Enterprises and Business Continuity Planning will be conducted in each country in 2016 with the logistical and administrative support of the respective National Employers’ Organisations.

National Service Quality and Quality of Organisational life A National Survey of Three Hundred and Seventy-Five (375) Grenadians was conducted to highlight the positive and negative aspects of the service experiences of consumers, their perceptions of national productivity and employment relations. The survey was conceptualized and administered during early part of 2014 and was completed by the middle of 2015.

The survey was commissioned by the Grenada Employers’ Federation and the analyses and reporting were conducted by Dr. Dwayne Devonish, Senior Lecturer in Management Science of the University of the West Indies, Cave Hill Campus in Barbados.

The survey sought to point to chief recommendations to assist business operators and service providers in improving their service delivery systems, productivity levels, and employment relations and practices.

The summary results were featured in Local Newspapers the New Today and The Informer, as well as, the first issue of the Caribbean Employers’ Confederation newsletter “The Caribbean Employer”.

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The report stated that service providers in Grenada typically offer an average/moderate level of service to consumers. It was recommended that service providers seek to improve the quality of service above and beyond this level, especially in the areas of reliability, responsiveness, and customer assurance (improved trust and confidence of consumers). Further, regular training and development opportunities in service quality are critical for both junior-level and senior-level staff who interact often with consumers on a daily basis.

Retirement of Ms. Parke The Office Attendant Dolores Parke retired after over Thirty (30) years of serving the Grenada Employers’ Federation (GEF) and Grenada Chamber of Industry and Commerce (GCIC). Miss Parke assisted the Federation immensely during her tenure and the Grenada Employers’ Federation y(GEF) would be forever grateful.

Certainly, the Grenada Employers’ Federation (GEF) has been actively engaged in promoting and protecting the interests of Employers in the year under review. The Council of Management has been working assiduously to ensure that Labour-Management relations are strengthened, and that the member organizations or employer community has the capacity to lead productive and sustainable businesses.

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Annual Report 2015 • Grenada Employers’ Federation

Report of the Labour Advisory Board The Labour Advisory Board is constituted pursuant to section 17 of the Employment Act 1999.The Board consists of Three (3) Employers’ Representatives, Three(3) workers’ Representatives , Three (3) Government Representatives and the Labour Commissioner who is the Chairman.

Hours of Work; Protection and Regulation of Wages; Leave Entitlements; Discipline and Termination; Employee’s Ancillary Rights - Right to return to work -”Section 66”; Exclusive Bargaining Rights for Trade Unions; General Effects of Certification; Dispute Procedures.

In the year under review, there were two(2) meetings of the Labour Advisory Board; in which, the Grenada Employers’ Federation (GEF) was represented by Mr. Michael Graham (Jonas Browne & Hubbard Grenada Limited), Ms. Jasmine Alexander (ADM Caribbean Agro Industries Ltd.) and Ms. Stacy Hastick (Executive Director, Grenada Employers’ Federation).

The Grenada Employers’ Federation sought to make the exercise a consultative process through which all Employers can submit their comments and views to aid in the review of the Labour Code.

Members and other partners were kept informed and information was shared accordingly.

The agenda of the Labour Advisory Board focused on the Labour Code Review which was initiated in February 2014.

The process which seeks to revise the existing Employment Act 1999 and Labour Relations Act 1999, as well as, add an additional Occupational Safety and Health component was well received by Employers and Labour Representatives alike. At the 2015 Labour Advisory Board meetings, the Employers’ and Labour representatives continued to advance their submissions on the draft Employment Bill and Labour Relations Bill . Albeit, the both parties expressed that more time was required to peruse both bills in order to make solid and conscious proposals.

Similarly, the Grenada Employers’ Federation made a formal request to the Minister of Labour at the time ,Honourable Elvin Nimrod seeking additional time for the Employers’ to review the documents and consult with its constituents. The request was granted and the Employers’ representatives were able to forge ahead with the consultative process.

Throughout the Labour Review Process there was dialogue on a number of issues ; specifically as it relates to the following topics:-

Annual Report 2015 • Grenada Employers’ Federation

National Insurance Scheme (NIS) Appeals Tribunal - 2015 The National Insurance Scheme Appeals Tribunal is a tripartite body constituted as follows: Grenada Employers’ Federation - Employer representative Grenada Trade Union Council Government of Grenada Minister)

- Employee representative - Chairman (appointed by the

The purpose of the Appeals Tribunal is to adjudicate on behalf of the National Insurance Scheme whose core function is the provision of social security.

The Grenada Employers’ Federation representatives on the Tribunal for this period were Mrs. Cisley Gabriel, Ms. Jasmine Alexander and Mr. Carlyle Ince.

Between the months of October 2015 and May 2016, several meetings were held under the chairmanship of Ms Karen Samuel.

At that time, there were approximately thirty two (32) appeals pending, some of which existed for about four (4) years and of course that came with a lot of challenges. In addition, eight (8) new matters arose.

The nature of appeals surrounded that of Employment Injury, Sickness Benefit, Invalidity Benefit and Pension.

A great number of matters were heard during this time.

Appellants were given the opportunity to submit documentations which the NIS or its Tribunal may not have possessed or be privy to, and to be represented as they deemed fit. As a result, the tribunal was able to garner more information to make informed decisions.

In some cases, conflicting doctors’ report made it very difficult to arrive at a conclusion. The tribunal is however happy to report, that its efforts to bring these doctors’ together to assist in resolving some of these cases were highly successful.

At the end of the period, closure was brought to approximately seventeen (17) cases which represent just about fifty percent of the amount awaiting resolution.

The tribunal worked tirelessly and consistently to reduce the number of appeals within reasonable time.

Some decisions went in favor of the National Insurance Scheme while others in favor of the Appellant.

It was a very busy but productive season for the tribunal.

Speedy resolution of the pending matters is anticipated without much delay.

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Annual Report 2015 • Grenada Employers’ Federation

The Grenada Private Sector Student Support Fund The Grenada Private Sector Organisation (GPSO) is an ad-hoc organisation which advocates for the Private Sector in Grenada.

The GPSO consists of the Grenada Employers' Federation (GEF), the Grenada Chamber of Industry and Commerce (GCIC) and the Grenada Hotel & Tourism Association (GHTA). In 2007, the GPSO set up a Student Support Fund to alleviate the expenses incurred by needy students at the T.A. Marryshow Community College. The Student Support Fund is administered by the T.A. Marryshow Community College with fundraising left entirely up to the GPSO. All funds were raised through member contributions; members of the GPSO Organisations pledged to contribute at least one hundred dollars ($100) per month to the Student Support Fund.

The GPSO Student Support Fund targets necessitous students of the T.A. Marryshow Community College with the aim of assisting them in meeting expenses associated with tertiary level education.

In the past funds were disbursed to cover the cost of Tuition Fees

, Bus Fare, Graduation and Examination fees; further, the GPSO Student Support Fund may even be used to purchase teaching aids and/or equipment to enhance and facilitate learning.

In the year under review, there wasn't any disbursements made.

Notwithstanding, at this time the fund is fully operational and member contributions can be made at the GUT Credit Union Ltd. account # 00100197001 or cheques can be made payable to G’da Private Sector Student Support Fund and forwarded to the GEF, GCIC and GHTA respectively.

Certainly, there is a great need for members to actively make contributions towards this fund. It is imperative that we give the students of the TAMCC a fair chance at achieving their dreams.

Thanking you in advance for your contributions !

Report of the National Insurance Board The Grenada Employers Federation was represented on the National Insurance Board (NIB) during 2015 by Mrs. Mondelle Squires-Francis and Mr. Benedict Brathwaite. Grenada’s economy has continued to grapple with high fiscal deficit, high unemployment and a high debt to GDP ratio. The Structural Adjustment programme had begun to take traction with new guidelines for statutory and quasi statutory bodies such as the NIS, now being brought under greater scrutiny under the Minister of Finance and other designates as a result of the 2014 Public Finance Management Act. The Government of Grenada (GoG) in March 2013 pursued in earnest its structural adjustment program with the blessings of the International Monetary Fund (IMF), with a linchpin to this programme being the negotiation of a 50% haircut by all bond holders. The NIB successfully negotiated an alternative discounting of the GOG bonds which removed the need to provide for any unusual impairment amount thereby keeping the funds of the NIS intact.

As at December 31, 2015, the fund stood at $870.21M. While the economy in 2015 was recorded as growing by 4.6% in real GDP the banking sector continued to experience difficult times as not many attractive investment opportunities were available locally and as such they remained very liquid. This impacted negatively the ability of the NIB to achieve the recommended actuarial returns on

the Fund. The NIB’s new investment policy was finalized in 2015 and an investment strategy was pursued to reduce the prevailing risk that existed in which 8% of its assets were held in CD’s at commercial banks, where interest rates were at an all-time low.

The following are the most important areas to be noted as it relates to the NIB’s operations in 2015: 1.

First time contributors in 2015 of 3,200; a decline of 29.2% as compared to the 4,522 of 2014;

2.

Active contributors in 2015 were 51,859 a reduction of 1.0% relative to 2014;

3.

Total Contribution Income of $81.10 million of which $49.55 million was paid by the private sector and $31.55 million by the Government;

4.

Total benefits paid was $58.07 million of which age pension was 83.59% or $48.54 million. Age pensions were paid to 8,280 pensioners in December 2015;

5.

Investment income was $38.53 million in 2015, as compared to the $26.87 million in 2014;

Annual Report 2015 • Grenada Employers’ Federation

17

National Insurance Scheme (NIS) Labour Market Indicators The National Insurance Scheme collects a wealth of data on labour market indicators such as employers’ registration, employees’ registration, first time contributors (New Entrants), active contributors (individuals on whose behalf at least one contribution payment has been made during any given period) and active employers (made at least one contribution payment on behalf of his/her employees during any given period). Data is also collected on benefits such as the number of beneficiaries by benefit types, amounts paid, average payments and first time pensioners. The NIS uses this data to produce analyses and research on policy initiatives for its programmes and beneficiary populations.

Active Contributors

Active Employers

The Roadside Cleaning and Maintenance industry dominated the number of active employers in 2015 with 32% (1,833) followed by Sales with 15.4% (880).

From the 5,720 active employers 890 were self-employed; this is 2.1% more than 2014. Some 43.9% of the active employers were from St. George’s while 21.1% from St. Andrew’s. St. Mark’s had the least representation of 3.1%.

New Entrants New entrants to the NIS totaled 3,200 in 2015.

That figure has declined by 29.2% relative to the 4,522 in 2014. In relation 2014 all of the industries experienced a decline in the number of new entrants except Utilities (5%), Communication (6.1%), Financial Intermediaries (24.4%), Business Services (9.2%) and Sanitary Services (20%). Social Services, Public Administration and Defense and Roadside Cleaning and Maintenance all fell by 60.7%, 51.5% and 36% respectively.

Some 25.2%, 17.4% and 12.6% of the active contributors were in the Debushing, Social Services and Sales industries respectively.

The gender distribution of active contributors is females 52% and males 48%. Thirtyeight percent (38%) and 22.7% of the active contributors were from St. George’s and St. Andrew’s respectively. St. Mark’s had the INDUSTRIAL CLASSIFICATION

Active employers with the NIS totaled 5,720 in 2015. This when compared with the 5,538 during 2014 indicates a 3.3% growth. With the exception of Roadside Cleaning and Maintenance industry all other industries experienced increases in the number of active employers relative to 2014.

least with 3.9% followed by Carriacou with 4.0%. The average insurable wage for active contributors in 2014 was $1,895.24; this figure increased to $1,933.73 in 2015.

The number of active contributors for 2015 stood at 51,859 indicating a 1.0% decline in relation to 2014. Public Administration and Defense, Social Services, Sanitary Services and Roadside Cleaning and Maintenance industries all had fall off in the number of active contributors relative to 2014. All the other industries realized a growth.

ACTIVE EMPLOYERS 2015

2014

Agriculture, Hunting, Forestry and Fishing

380

Manufacturing

ACTIVE CONTRIBUTORS 2015

2014

356

1,285

221

208

7

Construction

NEW ENTRANTS 2015

2014

1,280

61

84

1,862

1,824

90

108

6

676

671

21

20

380

365

3,373

3,359

198

254

Wholesale Trade & Retail Trade

880

843

6,517

6,444

412

512

Restaurants and Hotels

273

252

3,568

3,380

248

273

Transport, Storage and Communication

205

202

1,788

1,665

52

49

71

65

1,501

1,442

51

41

Real Estate and Business Services

283

238

3,250

2,870

260

238

Social and Related Community Services

440

413

9,018

9,589

120

305

Personal and Household Services

650

613

885

878

16

19

Recreation and Cultural Services

63

50

335

305

19

19

Public Administration and Defense

18

16

4,586

4,835

50

103

Sanitary and Similar Services

16

15

164

167

6

5

1,833

1,896

13,051

13,654

1,596

2,492

5,720

5,538 51,859 52,363

3,200

4,522

Electricity, Gas and Water

Banking, Finance & Insurance

Roadside Cleaning & Maintenance

Source: National Insurance Scheme

18

Annual Report 2015 • Grenada Employers’ Federation

The industries with the highest number of new entrants were Roadside Cleaning and Maintenance (495) followed by Sales with 12.9%. Forty-six point eight percent (46.8%) of the new entrants were in the 16 - 24 age group. Only 1.1% fell in the age group 60+. Forty-three point six percent (1,395) and fiftysix point four percent (1,805) of the new entrants were females and males respectively.

Registration Activity The number of employers registered with the NIS in 2015 totaled 932. Relative to the previous year this represents an 11.2% fall off. This negative movement was influenced by the decrease registration of employers in the Manufacturing, Construction, Sanitary Service, Public Administration and Defense and Roadside Cleaning and Maintenance industries.

From the 932 registered employers 316 were selfemployed indicating a 1.3% decline in the number of self-employed registration relative to 2014. Employer registration in 2015 was dominated by the industries Roadside Cleaning and Maintenance (22.4%), Sales (17.3%), Agriculture Forestry and Fishing (11.4%) and Household Services (9.9%). Public Administration and Defense and Utilities had the least with 0.3% and 0.1% respectively.

During 2015 some 2,178 employees registered with the NIS. This represents a 13.9% decrease relative to 2014. Manufacturing (13.4%), Utilities (5.9%), Construction (14.6%), Financial Intermediaries (31.4%), Recreation Services (64.3%) and Roadside Cleaning and Maintenance (50%) had growths in employee registration. All other industries realized a decline. The industries having the highest employee registration in 2015 were Roadside Cleaning and Maintenance (25.8%), Sales (18.4%), Restaurants and Hotels (10.6%) Business Services (9.5%).

From the 2,178 employees registered 78% were in the 16 - 24 age group while only 2.2% in the 60+ age group. The gender distribution was 47.4% females and 52.6% males. The parishes where most of the 2014 registrants resided were St. George’s with 38.2% followed by St. Andrew’s with 23.4% and St. Patrick’s with 12.4%.

Annual Report 2015 • Grenada Employers’ Federation

19

Ministry of Labour: Labour Information 2015 SIGNING OF COLLECTIVE AGREEMENTS Sixteen (16) Collective Agreements were signed between unions and employers during 2015.

CONDUCT OF POLLS Five (5) Industrial Polls were conducted during the period under review. The Minister for Labour issued 16 Certificates of Recognition, thus giving approval to the specified unions to act as the bargaining agents for workers in the establishments where the polls were successful.

STRIKES/LOCKOUTS For the year under review, there were five (5) protest actions by workers; two (2) by NAWASA, two (2) by Postal Corporation and one (1) by Nurses.

SETTLING COMPLAINTS AND MEDIATION SERVICES FOR DISPUTE RESOLUTION Over 75% of disputes recorded were solved through conciliation and mediation, reducing the number of days lost through industrial disputes.

Additionally, the Ministry handled a wide range of complaints and enquiries via the telephone.

THE CANADIAN/CARIBBEAN SEASONAL AGRICULTURE WORKERS PROGRAMME A total of forty-eight (48) jobs were secured under the Programme in 2015.

APPLICATION FOR WORK PERMITS 2015 NEW APPLICATION

RENEWALS

EXEMPTION CERTIFICATE

ENTERTAINMENT

REFUSALS

January

10

25

31

4

0

February

21

11

23

2

0

March

25

55

32

12

0

April

24

45

24

14

0

May

25

23

17

5

0

June

45

21

48

14

0

July

13

63

38

47

0

August

26

38

28

48

0

September

25

36

15

2

0

October

14

43

19

6

0

November

16

15

28

4

0

December

13

20

8

9

3

Total

257

395

311

167

3

MONTH

SPICE ISLE MARINE SERVICES

GCNA

GEO. F. HUGGINS & CO

GRAND ANSE GARDEN HOME FOR THE AGE

BANK OF NOVA SCOTIA

PHILBERT BROTHERS SUPERMARKET

SISSONS PAINT LTD

COMMUNAL COOPERATIVE CREDIT UNION LTD

GDA PORTS AUTHORITY

GRENADA HOUSING AUTHORITY

THE VOYAGER LTD

REAL VALUE SUPERMARKET

GRENADA PORTS AUTHORITY BUS TERMINUS

GRENADA AIRPORT AUTHORITY NON SECURITY

GRENADA AIRPORT AUTHORITY SECURITY

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

Source: Ministry of Labour

GRENLEC

1

NOS EMPLOYER

MONTHLY WAGE RANGE

TAWU

TAWU

TAWU

TAWU

CIWU

PWU

SWWU

TAWU

TAWU

TAWU

TAWU

BGWU

CIWU

TAWU

TAWU

TAWU

UNION

701 - 900

701 - 900

701 - 900

1301 - 1500

1301 - 1500

1301 - 1500

2%

2%

3%

2 @ $40 3 @ $30

2%

3%

4%

3%

7.5%

3%

3%

3%

3%

3%

3%

3%

3%

$300 one off

5%

2.5%

% INCREASE

% INCREASE 2.5%

Over 2500

Over 2500

3%

3%

3%

4%

3%

2%

3%

01.04.14

01.04.14

07.06.06

01.01.14

01.06.14

01.01.11

01.01.09

04.01.14

01.01.15

01.11.14

01.06.10

01.08.11

30.09.12

$40 per employee 3%

01.01.09

01.01.07

01.01.12

DATE OF EFFECT

4.5%

2.5%

% INCREASE

Over 2500

2001 - 2500 2001 - 2500 2001 - 2500

1501 - 2000 1501 - 2000 1501 - 2000

1101 - 1300

1101 - 1300

1101 - 1300

901 - 1100 901 - 1100 901 - 1100

700

YEAR 3

700

YEAR 2

700

YEAR 1

31.01.17

31.01.17

31.12.16

31.12.16

31.05.15

31.12.13

31.01.11

04.01.17

31.12.17

31.10.17

31.05.14

31.07.14

30.09.15

31.12.11

31.12.15

31.12.17

3

3

10

3

1

3

3

3

3

3

4

3

3

3

9

6

DURATION

EXPIRES

COLLECTIVE AGREEMENTS SIGNED IN 2015

2014-2017

2014-2017

2006-2016

2014-2016

2014-2015

2011-2013

2009-2011

2014-2017

2015-2017

2014-2017

2010-2014

2011-2014

2012-2015

2009-2011

2007-2015

2014-2017

YEARS

20 Annual Report 2015 • Grenada Employers’ Federation

Annual Report 2015 • Grenada Employers’ Federation

21

Country Economic Report: Grenada Overview Grenada is now at a critical stage in the implementation of its three-year Home –grown Programme of Fiscal Adjustment and Reforms which commenced in 2014.

In light of the Programme, the country underwent growth enhancing and fiscal structural reforms, revenue and expenditure adjustment measures, as well as public debt restructuring, all of which have yielded positive results during the year under review. Real GDP is provisionally estimated to have increased by 3.9 per cent in 2015, following growth of 4.9 per cent in 2014. Growth was broad based with increased value added registered in sector accounting for more than 80.0 per cent of total output. Deflation persisted from two years prior, with the consumer price index declining by 1.2 per cent during 2015, on an end of period basis. The overall deficit on central government’s fiscal accounts narrowed underpinned by strong revenue collections in restricted spending. Against this backdrop, the total outstanding public sector debt fell during 2015. Developments in the monetary sector were marked by

growth in monetary liabilities and net foreign assets, while domestic credit contracted.

Commercial bank liquidity rose in 2015, and the spread between the weighted average lending and deposit interest rates widened. In the external sector, a larger overall balance of payments surplus was recorded.

The prospects for 2016 seem generally positive. Growth is likely to stem mainly from construction, agriculture and tourism.

Inflationary pressures are likely to remain subdued in 2016. Improvements are anticipated on the central government’s fiscal accounts and in the external sector.

There are still inherent risks associated with these projections including those arising from natural disasters and the potential effects of Zika virus on tourism.

Output Output of the construction sector is estimated to have rebounded, rising by 12.0 per cent in 2015, in contrast to a decline of 11.7 per cent in 2014. Notably in the private sector work continued in hotel, villa and resort

developments such as Silver Sands Resort Development and marina projects including the Clarkes Court Bay Marina.

Value added in agriculture, livestock and forestry sector, which accounted for 6.9 per cent of total GDP in 2015, grew by 22.4 per cent fueled by strong growth in the crops sector. Value added in the hotels and restaurants sector a proxy for activity in the tourism industry, is estimated to have increased by 5.0 per cent, following the previous year’s expansion of 30.4 per cent when there was an initial full year of operations of the Sandals La Source Grenada.

Positive spillover effects from construction agriculture, and tourism contributed to growth in the wholesale and retail trade sector (7.0 per cent), and transport, storage and communications sector (3.7 per cent).

The aggregate contribution of these two sectors in total GDP was 21.6 per cent in 2015, representing almost one-quarter of the total economy. The largest sector in the economy, education, grew by 1.6 per

22

Annual Report 2015 • Grenada Employers’ Federation

cent premised on an estimated increase in student enrolment at the major private institution.

Education continued to be the largest sector, accounting for 18.3 per cent of total GDP in 2015.

The only two sector registering declined in value added were fishing (7.5 per cent) and Public Administration, defence and compulsory social security (1.4 per cent).

In the private sector the level of unemployment seemed to have remained relatively flat.

According to preliminary results of the 2015 Labour Force Survey, the rate of unemployment was 30.4 per cent, slightly above the rate of 28.9 per cent recorded in 2014. This was due to the higher labour force participation rate as more persons, particularly women were seeking employment.

Prices, Wages and Employment

Prospects

Consumer prices fell by 1.2 per cent during 2015, registering the third consecutive year of deflation. The larges sub-index , housing, utilities, gas and other fuels, contracted by 2.6 per cent , primarily because of lower prices for electricity and cooking gas. Other sub-indices which declined included those for transport (2.5 per cent), food and non-alcoholic beverages (1.1 per cent), household furnishings, supplies and maintenance (0.7 per cent), and communication (0.2 per cent).

There were increases in the remaining sub-indices which declined included those for transport (2.5 per cent), food and non-alcoholic beverages (1.1 per cent), household furnishings, supplies and maintenance (0.7 per cent), and communication (0.2 per cent) . There were increases in the remaining sub-indices, particularly those for health (3.1 per cent), recreation and culture (3.0 per cent), education (2.8 per cent), and clothing and footwear (1.9 per cent.).

The Macroeconomic outlook for Grenada in 2016 is broadly positive. Economic growth is likely to be anchored by developments in construction, agriculture, tourism, manufacturing and education. A continued rebound is anticipated in the construction sector as work intensifies on private sector investments in resort

and marina developments. This is likely to be complemented by the implementation of public sector projects including the new Parliament building, the Disaster Vulnerability Reduction Project, etc. Further export market penetration in agriculture and agroprocessing are also expected to propel growth. The tourism industry should be positively impacted by the inaugural hosting of sporting and music events; continued recovery of the USA economy; and capacity expansion from increased room stock and airlift. Growth in the manufacturing sector is likely to be supported by low global fuel costs, new export initiatives and increases in domestic demand.

Notwithstanding these prospects, economic and fiscal challenges remain.

Despite the economic recovery,

unemployment is high. Among other challenges, are spending pressures associated with granting increments in the public sector and cost commitments related to structural reforms.

If these challenges are not properly planned and managed, the can erase current fiscal and debt gains in the short to medium term.

Source: Annual Economic and Financial Review 2015, Eastern Caribbean Central Bank (ECCB)

2.17

-0.23 106.55 104.29

104.53

1.03 0.52

105.45

104.38

103.83

4.59

Miscellaneous goods and services

11.12

0.00

0.00

107.25 107.25 107.25

0.00

0.82 107.25

107.25

106.38

1.81

Restaurants and hotels

11.11

2.79 2.67 124.34

120.96 117.81 3.02

3.39

122.77

119.17

115.26

0.83

Education

11.10

2.96

1.31 110.57 107.39

106.00

1.29 3.06

108.02

106.65

103.48

2.71

Recreation and Culture

11.09

-0.24 -1.90

90.74 90.96 92.72

-0.34

-14.38

90.94

91.25

106.58

10.03

Communication

11.08

-2.51 -2.56 106.81

109.56

112.43 -3.89

1.24

107.63

111.99

110.62

18.72

Transport

11.07

3.04

2.64 132.99 129.06

125.75

3.12

1.00

130.99

127.03

125.78

1.94

Health

11.06

-0.73 -0.42

109.89

110.69 111.16

-0.98

-1.12

109.41

110.50

111.75

4.50

Furnishings, household equipment & routine household maintenance

11.05

-2.64 -0.92

102.18 104.94

105.92

-2.83

-0.02

103.02

106.02

106.04

29.05

Housing, water, electricity, gas & other fuels

11.04

1.93 -2.82 102.25 100.31

103.23

-1.49

-1.26

100.12

101.63

102.93

3.66

Clothing and footwear

11.03

0.33 2.57 124.02

123.60

120.51

0.79

3.75

123.53

122.57

118.14

1.83

Alcoholc beverages, tobacco and narcotics

11.02

-1.14 1.49 115.80

107.67

115.41

0.90

0.82

116.72

108.16

114.74

20.35

Food and non-alcoholic beverages

11.01

-1.21 -0.62

106.37

107.67

108.35

-1.35

-0.98

106.70

108.16

109.23

100.00

All Products

0

2015

% CHANGE

2014

AT DEC 2013

2015

2014

2013

WEIGHTS

DESCRIPTION

% CHANGE

CODE

AVERAGE (JAN - DEC)

Consumer Price Index 2010 = 100 2013 - 2015

Annual Report 2015 • Grenada Employers’ Federation 23

Accounts receivable

- at cost

: SECRETARY/TREASURER

Furniture and equipment

Current account

RBTT Bank Grenada Limited

$40,539.26

$48,277.44

Accumulated fund

Advanced subscriptions

Sundry creditors

AUDITORS CERTIFICATE

26,800.00

13,401.71

20,337.55

2014

7,750.00

18,345.46

22,781.98

2015

:PRESIDENT

$48,277.44

$40,539.26

39,139.26

-

26,650.00

19,244.55

1,400.00

2014

2,382.89

2015

STATEMENT OF LIABILITIES

October 10th, 2016 Accountants & Business Advisors

Grenada

We the undersigned auditors, duly appointed by the Registrar under Sections 12 and 13 of the Trade Unions and Trade Disputes Ordinance Cap. 297, do certify that the foregoing Statement of Income and Expenditure together with the Statement of Assets and Liabilities have each been audited by us. We certify that the said statements represent a true and fair view of the Income and Expenditure for 2015.

3.

2.

1.

STATEMENT OF ASSETS

At 31st December, 2015

Statement of Assets and Liabilities

24 Annual Report 2015 • Grenada Employers’ Federation

41,327.91 67,150.00 16,301.50 942.41 6,800.00 8,575.76 99,769.67

$141,097.58

92,906.39 16,020.00 26,650.00 7,000.00 4,943.75 147,520.14

$167,857.69

Subscriptions

Workshop

Advertising

ILO Project

Survey income

Advance subscriptions

Interest

Current account 20,337.55

22,050.00

19,277.91

-

2014

20,337.55

RBTT Bank Grenada Limited

Term deposit

Balance at 1st January, 2015

2015

For the year ended 31st December, 2015 STATEMENT OF LIABILITIES

- Current Account

RBTT Bank Grenada Limited

Balance at 31st December, 2015

Increase in creditors

Increase in accounts receivable

Purchase of furniture and equipment

Miscellaneous

Travel and entertainment

Cleaning expense

Audit fees

$167,857.69

$141,097.58

20,337.55

533.71

(982.89)

22,181.98

-3,839.91

950.00

4,943.75

243.07

1,088.00

1,088.00 2,888.19

11,035.06

21,632.71

Workshops expenses

-

3,080.00

552.50

Consultancy/professional fees

653.82

1,250.00

2,800.00

Annual General Meeting Travel allowance

8,243.75

2,406.13 17,118.89

Advertising

247.60

1,079.30

600.00

17,250.00

17,250.00

2,732.00

7,634.57

4,680.77

600.00

-

45.00

2,732.00

2,276.71

2,828.06

6,550.59

1,179.23

2,114.00 7,445.99

53,218.90

2014

52,606.42

2015

Bank charges

- Government Gazette

- Caribbean Employers’ Confederation

Subscriptions

Rent and rates

Electricity

Repairs and maintenance

Stationery and office expenses

Telephone

National Insurance contributions

Salaries

Statement of Income and Expenditure

Annual Report 2015 • Grenada Employers’ Federation 25

26

Annual Report 2015 • Grenada Employers’ Federation

GEF Membership List Agro Processing & Manufacturing

General Commercial

ADM/Caribbean Agro Industries Ltd

Bryden & Minors Ltd

Sissons Paints (G’da) Ltd

Courts (Grenada) Ltd

Bottlers & Distillers Grenada Breweries Ltd Grenada Distillers Ltd. Westerhall Estate Ltd

Financial Services/ Insurances

Gravel Concrete & Emulsion Production Grenada Marketing & National Importing Board Gerald S. W. Smith & Co. Ltd Grenada Teachers’ School Supplies Ltd Independence Agencies Ltd Jonas Browne & Hubbard (G’da) Ltd

Axcel Finance (G’da) Ltd.

L.L. Ramdhanny & Co. Ltd

Bank of Nova Scotia

On the Spot Marketing

Communal Co-operative Credit Union Ltd

Real Value Supermarket

Demerara Mutual Life Assurance Society

Southern Electrical Co. Ltd.

First Caribbean International Bank

Steele’s Auto Supplies Co. Ltd

Grenada Co-operative Bank Ltd

The Country Cold Store Ltd.

Grenada Development Bank Grenada Public Service Co-op Credit Union Grenada Union of Teachers Co-op Credit Union Ltd Guardian General Insurance (OECS) Ltd Guyana & Trinidad Mutual Life Insurance Republic Bank (Grenada) Ltd RBTT Bank Grenada Ltd Sagicor Life Inc.

Hospitality

Services & Others Airport Authority Grenada Clear Harbor Inc. Creative Group Companies FLOW/Columbus Communications Gittens Pharmacy Ltd Gleans Garage Ltd Grenada Co-operative Nutmeg Association Grenada Electricity Services Ltd

Flamboyant Hotel

Grenada Industrial Development Corp

Grenada Tourism Authority

Grenada Marine Ltd

Island Catering

Grenada National Lotteries Authority

Kentucky Fried Chicken

Grenada Pharmacies Ltd

Red Crab/Old Mill Inn

Grenada Ports Authority

Spice Land Trading Ltd

Grenada Solid Waste Management Authority

St. Vincent/Grenada Air

Group for Securicor (G’da) Ltd Hankey’s Computer Services Ltd LIME MSF & Associates Inc. National Insurance Scheme NAWASA Rubis W.I Ltd Saint George’s University Sol E.C. Ltd West Indies Cricket Board

Annual Report 2015 • Grenada Employers’ Federation

Presidents of the Federation Mr. Gordon .L Munro

1962 – 1964

Mr. Charles A. Sheppard

1964 – 1965

Mr. George A. Bain

1965 – 1966

Mr. W.S Richardson

1966 – 1968

Mr. Evelyn A. Ross

1969 – 1970

Mr. Charles A. Sheppard

1970 – 1971

Mr. A. Norris Hughes

1971 – 1972

Mr. George O. Williams

1973 – 1974

Mrs. Angela Smith

1975 – 1982

Mr. Anthony Munro

1982 – 1983

Mr. Ernst Baumgartner

1983 – 1984

Mr. William Otway

1984 – 1986

Sir. Reginald Palmer

1986- 1988

Mr. Justin Francis

1988 – 1990

Mr. Lawrence Duncan

1990 – 1992

Mr. David Greaves

1992- 1995

Mr. Christopher De Allie

1997 – 1999

Mr. Graham Williams

1999 – 2001

Mr. Philbert Lewis

2001 – 2005

Mr. John Dumont

2005 – 2007

Mr. Brian Campbell

2007 – 2009

Mr. Michael Philbert

2009 – 2013

Mr. Dorset Cromwell

2013 - Present

27

28

Annual Report 2015 • Grenada Employers’ Federation

Affiliates GRENADA PRIVATE SECTOR ORGANISATION (GPSO) The Grenada Private Sector Organisation is an ad-hoc organisation inclusive of the Grenada Employers’ Federation (GEF), Grenada Chamber of Industry and Commerce (GCIC) and the Grenada Hotel & Tourism Association (GHTA). The Grenada Private Sector Organisation is a joint platform for the private sector organisations in Grenada.

The GPSO seeks to promote an environment conducive to growth and development of the private sector and the development of Grenada. The Organisation enables the private sector to speak with one voice on issues of national interest; and to promote, support or advocate legislative or other measures affecting the interest of its membership.

CARIBBEAN EMPLOYERS’ CONFEDERATION The Caribbean Employers’ Confederation (CEC) is a regional grouping of employers’ organisations in the Caribbean Region founded in 1960. The CEC is the main stakeholder and advocate for the resolution of labour market issues for Caribbean Employers; as well as the coordinating body for the development of the “social responsibility” of enterprises in the Caribbean territories through their National Employers’ Organisation.

The CEC is dedicated to the development and promotion of good industrial relations practices at the enterprise and macro levels aimed at achieving productivity and prosperity for member countries and the region as a whole.

For more information on the work of the Caribbean Employers’ Confederation please visit the website: www. caribbeanemployers.org.

THE BUREAU FOR EMPLOYERS’ ACTIVITIES AT THE INTERNATIONAL LABOUR ORGANISATION (ACTEMP) The Bureau for Employers’ Activities of the ILO (ACT/EMP) is a specialized unit within the International Labour Organisation. Its task is to maintain close and direct relations with employers’ organisations in member States, to make the ILO’s resources available to them, and to keep the ILO constantly aware of their views, concerns and priorities.

ACT/EMP seeks to foster well-functioning employers´ organisations, which are important actors in shaping an environment conducive to competitive and sustainable enterprises, good governance, political and social stability, democracy and socio-economic development. ACT/EMP assists employers´ organisations in building strong, independent and representative organisations that respond to their members´ needs and challenges through its Technical Cooperation Programme. The TCP provides assistance to employers’ organisations in developing and transition countries.

For more information please visit the ILO website: http://www.ilo.org/.

THE INTERNATIONAL ORGANISATION OF EMPLOYERS (IOE) The International Organisation of Employers (IOE) is the largest network of the private sector in the world, with more than 150 business and employer organisation members. In social and labour policy debates taking place in the International Labour Organisation, across the UN and multilateral systems, the G20 and other emerging processes, the IOE is the recognized voice of business.

The IOE promotes the economic, employment and social policy environments necessary to sustain and develop free enterprise and the market economy. Further, the IOE provides an international forum to bring together, represent and promote the interests of national employers’ organisations and their members throughout the world on all labour and socio-economic policy issues.

For more information on the work of the IOE please check their website: http://www.ioe-emp.org/