LCW to pay retrenchees full benefits

After protracted negotiations last Thursday, LCW agreed to pay the concerned employees leave days accrued as at January 17, 2011 up to and including February 28, 2011.

LCW further agreed to pay repatriation allowance of P6 per km to each employee's destination, with immediate effect and pay a separation package at one week salary on each year served with the company and a minimum of P3,000 as a threshold for those whose week's salary for years worked are under the agreed threshold. The agreement states that payments should be made by end of next month.