Successful Conclusion of Wage Negotiations at O&L Leisure

Successful Conclusion of Wage Negotiations at O&L Leisure

O&L Leisure, a proud subsidiary of the Ohlthaver & List (O&L) Group, is delighted to announce the successful conclusion of its wage negotiations. The newly established agreement, effective from 1 July 2024, underscores the company’s unwavering commitment to its employees and the Namibian community.

Guided by the O&L Persona of being authentic, caring, and passionate in everything it does, the negotiation process was driven by the company’s commitment to creating a workplace where every employee can thrive. The agreement reached ensures that employees are fairly rewarded for their invaluable contributions, while also supporting the long-term sustainability and growth of the business.

In line with Vision 2029, which aspires for a future where O&L is recognised as a top global employer and a leader in sustainable business practices, the wage agreement reflects the company’s dedication to enhancing employee satisfaction and fostering a motivating work environment. This agreement is also a strategic step towards achieving the ambitious financial targets by 2029.

Sven Thieme, Acting Managing Director of O&L Leisure, expressed his gratitude to all parties involved in the negotiations, stating: “This agreement exemplifies our unwavering commitment to our employees and our shared vision for 2029. We believe that by being authentic and responsible in our approach to employee rewards, we are not only securing the future of our business but also empowering our employees to bring their best selves to work every day.”

The Workers Council representative, Gerhard Siyemo also welcomed the outcome of the negotiations, commenting: “This agreement represents a significant achievement for our members. It reflects the company’s recognition of the hard work and dedication of the employees, and we believe it will have a positive impact on their well-being and motivation as we continue to work together towards shared success.”

The outcome of these negotiations is a testament to O&L Leisure’s ongoing efforts to align its compensation strategies with long-term goals, ensuring that it remains a great place to work. The company is confident that this agreement will further enhance employee morale, boost productivity, and contribute positively to overall performance.

About O&L Leisure:
O&L Leisure is a proud subsidiary of the Ohlthaver & List (O&L) Group, dedicated to offering exceptional hospitality experiences in Namibia. The company owns and operates renowned properties such as the iconic family haven, Midgard; the luxurious Strand Hotel Swakopmund; the majestic Mokuti Etosha; and the eco-friendly Chobe Water Villas. Each property is committed to providing unique and memorable experiences that showcase the natural beauty and cultural richness of Namibia.

For more information, please visit our website at www.ol-leisure.com.

O&L Group Vision 2029:
O&L Group’s Vision 2029 aims to position the company as a leader in sustainability, innovation, and employee satisfaction. This vision guides all strategic decisions, ensuring a prosperous and sustainable future for the company, its employees, and the wider community.

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