KUALA LUMPUR: Genting Malaysia Bhd has reached a deal with its workers' union on the 13th collective agreement (CA) after a two-year delay due to Covid-19.
The 13th CA provides better remuneration and benefits to more than 5,500 employees, including salary adjustments for various job positions, along with upward revisions of split duty allowances and hospitalisation benefits.
Additionally, split duty allowance and hospitalisation benefits have also seen an upward revision.
The CA was signed by Genting Malaysia chief operating officer Lee Thiam Kit and its workers union president Sikindar Ibrahim on Wednesday.
Lee said the CA was a culmination of the understanding and effort put forth by both parties to forge a harmonious partnership that would serve and benefit the company and its employees.
"The signing of the 13th CA demonstrates how both parties can work together through constant consultations and discussions to come up with new and efficient approaches to amicably resolve any issues that may arise.
"With all these improvements, we believe that our employees would strive harder to sustain the company's business growth for the mutual benefit of both parties," he said in a statement today.
Lee said Genting Malaysia would continue to adopt new technology and innovation, invest in the development of employee skills and knowledge, and review job processes to increase efficiency and productivity.