Nairobi, KENYA: Thika-based Consumer Goods manufacturer Bidco Africa has increased the pay for its employees by 19.5%.
Bidco, a family owned enterprise whose core business is producing edible oils and detergents, on Tuesday said the raise is contained in a Collective Bargaining Agreement (CBA) between the company and the Kenya Chemical Workers Union (KCWU) signed by (TRM) and KCWU national secretary general Ogutu Were.
Speaking during the ceremony at Bidco headquarters, Bidco Group CEO Thiagarajan Ramamurthy thanked the union for their co-operation and said the company is committed to its ethos of Happy Healthy Living.
“The important thing here is happiness; this is what we want for all our people because that is also what this business is about, we commit to live by this agreement and implement it fully for the benefit of the entire Bidco family.” He said.
Mr. Ramamirthy stressed on the company’s commitment to providing quality and value as a way of extending happiness to customers.
“Everything that we produce should be quality, everything we think in our mind is quality and the environment that we manage should be quality.” He added.
The KCWU Secretary General Ogutu Were welcomed the agreement saying that Bidco has been building Kenya for 30 years and this is another example of how companies should be doing it.
“We are partners and I am proud of our new CBA; we thank the management for engaging with us and putting the interests of employees first. Bidco is an important business in Kenya and we want you to grow and create even more jobs.” Said Ogutu.
Founded in 1985 by Bhimji Depar Shah and his two sons Vimal Shah and Tarun Shah, Bidco Africa is East Africa’s largest Fast-moving consumer goods (FMCG).
Bidco has 1,650 employees in Kenya and over 6,000 across the region.