CRDB Bank signs 3-year workers’ collective bargaining agreement

CRDB Bank yesterday signed a three year collective bargaining agreement with the Tanzania Union of Industrial and Commercial Workers (TUICO) to improve their workers’ incentives packages.

Speaking in Dar es Salaam yesterday during the signing ceremony, CRDB Executive Director Dr Charles Kimei said that the agreement will help motivate workers thus increase their efficiency in production.

“It is our hope that through this agreement our employees will recognise how much their employer cares for them and values their contribution to the company,” he said.

The agreement includes among other things, a  better  system of employment  and confirmation of  workers,  handling of labour disputes ,  maternity benefits , sick leave,  payment of transfer allowance , long service awards , best workers awards  and insurance  for  the employees and their families.

Dr Kimei said that his bank is aware that business success will not be attained if the workers who are the main producers do not have better working conditions.

He said recognising that fact, the Bank is working to secure a collective bargaining agreement as per section 67  of the Labour Relations Act  number 6  of 2004  together with  regulation number 50 (2)(b) of 2007.

Tuico Assistant Secretary General John Shukunzi said the collective bargaining agreement is crucial in ensuring the welfare of workers is improved and secured.

He said that the Labour Relation Act has stipulated important rights and immunity for workers but   nonetheless it has left out several major issues including leave allowance, medical services, funerals and insurance of employees and their families  all of which are not mentioned in the law but which can now be included in the collective bargaining agreement.

He called upon other employers to emulate the move by CRDB bank and improve the welfare of their employees.