GACL rolls out six-month roadmap to settle staff arrears

The Management of the Ghana Airports Company Limited (GACL) has outlined a six-month roadmap aimed at addressing all statutory and welfare deductions of staff of the company that have, in recent times, been the source of agitations against the airports’ operator.

Beginning from August, 2021, all welfare and statutory deductions would be settled, the company has resolved.

The Welfare deductions include departmental welfare, Senior Staff, Trade Associations, Credit Associations among others. Payment of Tier 2 will commence in October 2021 over a period of six months.

Management, in consultation with Madam Oboshie Sai-Cofie’s led Board, has concluded arrangements for the payment of SSNIT contributions from August 2021 over a period of twelve months. Further to that, PAYE payments will also begin in October, 2021 for a period of twelve months.

The move is expected to bring to an end, the hostility between management and staff of the GACL.

The roadmap was arrived at following management’s meeting with the GACL Board and the decision was subsequently communicated to the workers of the airports’ operator at a staff durbar held on Wednesday, August 11, 2021, and confirmed same in a circular to all staff.

The Divisional Union of GACL was present at the durbar.

The Managing Director of the GACL, Yaw Kwakwa, when contacted on the issue, said the management of the airports’ operator will continue to deepen staff engagement at all levels for them to know the financial status of the organization.

He said the six-month roadmap that has been set for the payment of all outstanding statutory and welfare deductions will duly be followed and or complied with, believing that it will help restore staff confidence and improve on the working relationship between staff and management.

“I take responsibility for all that is happening at the company. The workers have every right to complain when they are going through hardship. What I don’t condone is to take the law into your hands and attack management members.”

“We’ve worked together for some time now and I know how they feel when certain things are not going on well for them. But management is working very hard to address all their challenges. We are going to stick to our roadmap and I believe that at the end of the day, there will be all smiles and the bond that existed between management and staff will greatly be improved,” he assured.

“Our number one challenge had to do with the refinancing of the over US$400 million asset-backed corporate loan we took to finance our capital expenditure requirements under two separate components. But like I said, we will continue to engage our workers and resolve all outstanding issues,” he added.

The GACL has in recent times been in the news as a result of staff agitations against management of the company over unpaid statutory and welfare deductions.

In view of this, management engaged the Public Services Workers Union (PSWU) acting for the GACL Divisional Union and given an overview of the financial situation of the company stressing the impact of the novel coronavirus (COVID-19) pandemic and the accompanying result of a severe reduction of its capacity to fulfil its financial obligations.

At the said engagement, management of the GACL is said to have pointed out to the Union it had proactively made a strategic move to refinancing the terms of the loan the company took prior to the COVID-19 pandemic, which had mitigated the financial effects.

Available information indicates that prior to the refinancing, GACL had APSC revenue receipts of approximately US$21.6 million per quarter and made loan payments of US$19.1 million per quarter.

With these figures, management anticipated that with the refinancing, payment would dip to US$6.1 million thus providing GACL with extra cash flow of US$13 million to support corporate operations.

However, this arrangement was truncated by the COVID-19 pandemic because APSC revenue dropped from us$21.6 million to US$6.3 million per quarter, a situation that eventually halted any plans by management to support any likely salary increment because the airport operator now lacked the capacity to do so.

Sources say the PSWU, considering the financial position of the company made the request for a 15% pay increment to restore the purchasing power of staff with the view that government should step in and provide support to GACL to enable the company to honour its obligations to staff.

After a back and forth engagement with the PSWU, management of the GACL reaffirmed the difficult financial situation of the company occasioned by the COVID-19 pandemic and its commitment to do everything possible to ensure the company’s survival.

On Tuesday, August 3, 2021, the Divisional Workers Union of the GACL notified management to brief staff on the wage-opener negotiations.

The meeting was expected to have been held at the forecourt of the Head Office building but was advised to revert to their usual meeting place.

However, the advice was ignored, with staff going ahead to convene at the forecourt of the Head Office building.

The MD of GACL, Yaw Kwakwa, while in the process of walking to address the staff, was kicked from behind by a staff member and in reaction, he grabbed the perpetrator to question him why he did that.

Mr. Kwakwa noted that his reaction to the assault was due to tempers being really high but expressed gratitude the anger did not flare up and stressed that through continuous engagement, they will overcome the challenges confronting the company.

Source: MyPublisher24.com

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