Construction workers back on job with fatter pay packets

Panama Construction workers will be back on the job with a fatter wage packet at 260 projects at 7 a.m. on Saturday, May 19.
An agreement between the employers’ Association (Capac) and the construction workers union was finally inked on Friday afternoon at the Ministry of Labor after a month-long stoppage that followed six months of negotiations to hammer out a multi-tiered agreement covering 2018-2021.
The 14% wage adjustment will be made as follows: 3% in the first
year, 3% in the second year, 4% in 2020 and the other 4% in 2021.
form: 3% in 2018, 3% in 2019, 4% 2020 and 4% in 2021.
For state projects, it was agreed 18% in 4 years : (4% in 2018, 4% in 2019, 5% in2020 and 5% in 2021).

laborers and helpers would go from their current rate of $3.71 per hour to $4.23 in 2021; while qualified workers would go from $5.0 to $5.70.
On Twitter, the Suntracs said that for the mega projects the agreed raise would be 44%: (11% in 2018, 11% in 2019, 11% in 2020 and 11% in 2021
During the stoppage, workers got $50 a week from the Union strike fund to which they contribute each month.