Barbados Public Workers Cooperative Credit Union Members Urged To Take Back Their Credit Union From The Few Who Have Hijacked It

Submitted by Cat Eyes

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Clorinda Alleyne, CEO, Public Workers’ Co-operative Credit Union Limited

1. How is it that the CEO of this credit union makes almost $20,000 per month, inclusive of allowances. More than the Prime Minister of this country?  More than what some executives of private sector banks and insurance companies earn; more than some executives who have to perform and are appraised on performance. She also receives leave passage – the type that longstanding civil servants receive- holiday with passage paid for by the members. They have smartly sat down and crafted an exceptional salaries and benefits package for Alleyne who adds no value to the institution if you were to review her performance. Her salary is almost 6 thousand dollars more than her deputy the Legal Counsel. Those gaps in salary ranges are highly unusual. The CEO of the PW credit union has no financial qualifications, save for the credit union courses, and was a less than stellar attorney before joining the organisation as its Legal Counsel, yet through the machinations of Paul, and certainly not on ability or skill she is the head of this organisation.
2. The CEO has a chauffeur who is paid out of the organisation’s coffers. The reasoning was that she was suffering from dizziness so she could  not drive. For five years or more this has been occurring. It was suggested that the driver, who is a messenger at the credit union, be paid the overtime for chauffeuring her, out of her salary. He also picked up her children from schools that are within walking distance of the credit union..