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P a g e
TRINIDAD CEMENT LIMITED
SECTION 3: DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEE RELATIONS
(Continued)
Human Resource Committee:
The members of the Human Resource Committee were appointed at a Board meeting which was held on 22 January
2015. In order to ensure excellence in TCL Group’s human capital and cultural initiatives, the Human Resource
Committee’s strategic direction and vision are aligned to the Company’s strategic plan. The following categories of
policies are administered by the Human Resource Committee:
�
Talent acquisition
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Organization capacity building
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Performance management
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Executive development
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Organizational structure and design
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Employee wellness
A summary of the Terms of Reference of the Human Resources Committee follows:
1.
To formulate policies for the TCL Group’s Human Resource Management function and to make
recommendations to the Board for approval and adoption;
2.
To review, approve and ensure compliance with existing administrative policies and recommend to the Board
the adoption of proposals for all senior managers and executives across the TCL Group;
3.
To ensure that the TCL Group Human Resource function provides efficient services to all Subsidiaries utilizing
equitable, transparent and contemporary performance management measures and systems;
4.
To act autonomously and approve on its own account specific human capital initiatives and recommendations
that fall within the overall ambit of pre-existing Board approved policies and systems.
3.5.
EMPLOYEES
As of December 2014 the TCL Group employed 1,304 permanent, temporary and contract employees. The
non-management employees in Trinidad and Tobago are represented by the Oilfields Workers Trade
Union. The Collective bargaining agreements expired as follows:
Bargaining Unit
Expiration Date
Estate Police Association
31 December 2008
Hourly Rated, Weekly Paid and Confidential Secretaries
31 January 2012
Junior Staff
31 July 2012
Senior Staff
31 December 2012
TCL has engaged in negotiations to settle unpaid remuneration due to 15 employees and has agreed to a
Memorandum of Understanding (MOU) with the Union to settle same. (Refer to Section 7 for further
details).
TCL’s workforce has remained broadly consistent over the past three fiscal years as follows:
As at 31 December 2014, a total of 27 employees were employed on a temporary or contract basis. These
figures are included in the total above.
Year
Number of
Employees
2012
1,153
2013
1,094
2014
1,304
