CEPEP stands by “contentious” decision

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    CEPEP is standing by its decision to reduce the management fees of contractors and their workers, saying while it is contentious, it will ensure there are no job losses.

    The decision was taken during the monthly meeting of CEPEP’s Board of Directors on May 26th and took effect today, June 4th.

    CEPEP says while workers were compensated for three months at home in 2020, it is unable to provide that level of financial support to 10,000 workers.

    It adds that after careful assessment, the Board took the decision to reduce the working hours of workers to four hours per day, reduce the teams by 50% so each worker will be working two days per week and a maximum of eight days per month.

    Consequently, their salaries will be reduced by 33.3% which will also affect the management fees of contractors.

    Chairman of the CEPEP Board of Directors, Marilyn Michael defended the move saying: “As we battle the COVID-19 pandemic, we must be responsible when utilizing public monies. At this time, we must implement stricter fiscal policies in the interest of maintaining the CEPEP programme and safeguarding the employment of the thousands of persons who depend on this organization for employment.”