Hashtag: #GencomRedundancyPay

Simons: Consider A Lien Against Owners’ Assets

Simons: Consider A Lien Against Owners’ Assets

“We support the Government’s indication that it would not rule out pursuing collection through the courts,” OBA Leader Cole Simons said, adding they they also “take the view that a lien could be considered against the hotel owners’ assets until the $11 million payment is recovered.” This follows after the Government previously... Read more of this article

Column: ‘Government Felt Responsibility To Act’

Column: ‘Government Felt Responsibility To Act’

[Opinion column written by PLP MP Jache Adams] Unprecedented times often call for unprecedented measures. The recent announcement by the Minister of Finance regarding the Government providing loans to former Fairmont Southampton employees once again demonstrates this Government’s ability to be adaptable, innovative and progressive during these challenging... Read more of this article

Govt: $11 Million In Redundancy Payment Loans

Govt: $11 Million In Redundancy Payment Loans

The redundancy loan payments to Fairmont Southampton workers cost a total of $11 million for 714 positions the Ministry of Finance confirmed, with $8.4 million going to Bermudians, spouses of Bermudians and PRC holders; while over $2 million goes to work permit holders. The Government previously confirmed that they will step in to assist Fairmont Southampton... Read more of this article

Govt To Loan Redundancy Money To Workers

Govt To Loan Redundancy Money To Workers

The Government will step in to assist Fairmont Southampton workers who are waiting for their redundancy payments, making “loans to employees equal to amounts due to them in redundancy, which will require repayment once sums are paid by Gencom.” This was announced by Finance Minister Curtis Dickinson today, with the Minister saying “it... Read more of this article

Staff Assemble Over Redundancy Payments

Staff Assemble Over Redundancy Payments

A group of Fairmont Southampton workers assembled outside of the hotel after “receiving communication from their employer informing them that their redundancy payments will be delayed,” the Government confirmed today, adding that the Ministry has been in contact with the owners, and the workers “will receive redundancy payments on... Read more of this article