THE Guyana Teachers’ Union (GTU) and the Ministry of Education (MoE) on Wednesday signed the agreement granting increases in salaries and other benefits to teachers countrywide.
The agreement will see teachers receiving salary increases for the period of January 2016 to December 2018.
The agreement states that teachers earning below $100,000 will get a 12 per cent increase on their 2015 salaries; and those earning $100,000 and above will get an 8 per cent increase. The agreement notes that the percentage already paid for 2016 will form a part of the payment to be received.
Meanwhile, for 2017, salaries below $100,000 per month will receive an 8 per cent increase, while salaries $100,000 per month or above will receive 6 per cent increase. The document highlights, too, that the interim eight and six per cent on December 2016 salaries received previously will be final.
For 2018, there will be an eight per cent increase across the board on the December 2017 salary. Additionally, a lump sum of $350M has been set aside for debunching of teachers for the period of 2011-2018; and steps will be taken to place teachers in the respective scales from 2019 to reflect the various increases.