Shah Alam, 26 Apr 2012 – UMW, one of the nation’s biggest conglomerates, announced today the renewal of its Collective Agreement between UMW Holdings Berhad and its subsidiaries with its union workforce under UMW Group Workers Union or KPPPKUMW.
In 2006, UMW took a major initiative to reinforce partnerships with all its unions. To the satisfaction of all parties, negotiations culminated in the signing of a total of eight Collective Agreements for the period 2006 to 2008. During this time, UMW concluded five agreements with its in-house union, UMW Group Workers Union, and one agreement each with the National Union of Commercial Workers, Sabah Commercial Employees’ Union, and Sarawak Commercial Employees’ Union.
The latest Collective Agreement signed on 26 April 2012 for the period 1 January 2012 to 31 December 2014 will mark the tenth Collective Agreement signed by UMW and the unions. Negotiations for the proposed agreement began as early as 3 January 2012 and concluded on 18 April 2012.
The new Agreement incorporates improvements in retrenchment benefits, medical attention as well as insurance coverage for group personal accident and term-life coverage along with other allowances.
“The signing of this new Agreement will help strengthen existing partnerships and lead the way toward improving the company’s performance”, said UMW’s President and Group CEO, Datuk Syed Hisham Syed Wazir.
The agreement was signed on behalf of UMW by President and Group CEO, Datuk Syed Hisham Syed Wazir, Puan Juliah Nik Jaafar, Executive Director UMW Corporation and Head of Group Human Resource, and En Azmin Che Yusoff, Executive Director and Head of Group Financial Services whilst En. Japelus Zainal, President of KPPPKUMW, and Vice-President, En Zaini Hussain signed on behalf of the union. The signing ceremony was witnessed by Industrial Relations Director, Tuan Haji Ahmad Khusairi bin Lope Abd Rahman and UMW Chairman, Tan Sri Asmat Kamaludin.
On an ending note, the President of KPPPKUMW, En. Japelus Zainal stated: “We would like to thank the management team of UMW for their continuous support towards the union and look forward to productive years ahead”.