January 22, 2012 1:45 PM
- Text
Panama Canal expansion strike settled
(AP) PANAMA CITY, Panama — A company expanding the Panama Canal has settled a strike by 6,000 workers that had paralyzed work for six days.
The multinational consortium Grupo Unidos por el Canal says in a news release that the workers have agreed to a 13 percent wage increase and will return to work on Monday.
Union representative Saul Mendez says workers are not completely happy with the deal raising hourly pay to about $3.34 an hour, but still made important advances. The workers had been seeking a pay raise to as much as $10 an hour.
The company already had agreed to meet worker demands to cover delayed overtime and weekend pay. It blamed bookkeeping errors for the delay.
The multinational consortium Grupo Unidos por el Canal says in a news release that the workers have agreed to a 13 percent wage increase and will return to work on Monday.
Union representative Saul Mendez says workers are not completely happy with the deal raising hourly pay to about $3.34 an hour, but still made important advances. The workers had been seeking a pay raise to as much as $10 an hour.
The company already had agreed to meet worker demands to cover delayed overtime and weekend pay. It blamed bookkeeping errors for the delay.
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