Brick by Brick: The Business of Rebuilding Liberia
New Collective Bargaining Agreement Signals Continued Partnership At Firestone Liberia
The Firestone Liberia community is celebrating the signing of a new Collective Bargaining Agreement between Firestone Liberia and the Firestone Agricultural Workers Union of Liberia (FAWUL). The agreement, signed today, signals the parties' continuing partnership as they work together to revitalize the natural rubber industry and help rebuild the company's operations.
"Our goal for the bargaining process was to once again work together to reach an agreement that would strengthen the business, the local community and Liberia as a whole. This agreement meets that goal," said Charles Stuart, Firestone Liberia President and Managing Director. "The most important aspect of the agreement is that it benefits all parties. It serves the interests of the company, our employees and their families."
In addition to wage increases of more than 3 percent over the three-year term, another important aspect of the new agreement is the shared desire by the company and FAWUL to change the current mode of latex transportation from the field to the weighing station. The agreement is in effect from 2010 through 2012, and replaces the previous agreement reached in August 2008.
Posted by: Rufus Karmorh
June 28, 2010