Former Observer Media Staff Begin Receiving Severance
Wednesday 20th February, 2019-Former employees of the now defunct Observer Media Group began receiving severance packages today.
A source confirmed to POINTE FM’s Nightly News that the former employees were contacted by the law office of Christopher and Associates. They are charged with wrapping up OMG’s assets. Former members of staff were asked to visit the law office between Wednesday and Thursday to receive their cheques, the source revealed.
The management of Observer Media Group that operated The Daily Observer, Observer Radio and Hitz FM informed its workforce that the company was ceasing operations on November 30th, 2018. In December last year, while plans were being put in place for payouts to staff, APUA filed an injunction against Observer Media Group barring it from transacting business until its arrears were settled with the utilities company.
Management subsequently informed employees that the injunction placed a stop to the sale and/or transfer of assets and the payment of severance. But Prime Minister Gaston Browne had promised that government will ensure the workers will be paid what is owed to them despite the injunction filed by APUA.
Reports are recently, APUA signed off for the funds to be released to begin payments.
While it is good news for the former employees, they will take home less money. Reports indicate the majority of workers accepted OMG’s calculations of one day’s pay per year, which will be significantly lower that what they would have received with a calculation of one month’s salary for every year worked.