16/06/2026
On May 29, 2026, President Karen Yip Chuck, supported by a Chamber team, met with Senator the Honourable Leroy Baptiste, Minister of Labour, Small and Micro Enterprise Development, together with senior officials of the Ministry, to discuss the proposed Retrenchment and Severance Benefits (Amendment) Bill, 2026.
The engagement formed part of the Chamber's ongoing commitment to ensuring that legislative reforms are informed by the realities facing businesses across Trinidad and Tobago. Prior to the meeting, the Chamber submitted a formal position informed by consultations with members and stakeholders from a range of sectors.
Our discussions focused on several key issues raised by members, including the implications of the proposed amendments for business continuity, particularly in circumstances where firms are experiencing financial distress or are required to cease operations. We also highlighted concerns regarding the treatment of temporary and casual workers and the need to balance worker protection with the operational realities of businesses that depend on flexible employment arrangements.
Particular attention was given to the potential impact on small and medium-sized enterprises, many of which operate with limited financial and administrative capacity. The Chamber also raised concerns regarding the financial implications of the proposed amendments and the potential effect on employment costs, investment decisions, and overall business competitiveness.
As this legislation progresses, the Chamber will continue to engage constructively with the Ministry and other stakeholders to ensure that the views and experiences of the business community are fully considered.
