DINANT PAY, PENSIONS AND HEALTHCARE UNRIVALLED IN HONDURAN AGRIBUSINESSES

TEGUCIGALPA, HONDURAS, July 31, 2017 -- July 31, 2017: Corporacion Dinant today shared the results of its latest staff survey, showing that 98% of those who responded believe that Dinant is a good company to work for.  In addition, 97% stated they are proud to work for Dinant.  The anonymous survey was sent to a random selection of staff in June 2017 and received a 99% response rate.

Dinant President Miguel Mauricio Facusse with a vision-impaired employee at the Dixie snacks factory in San Pedro Sula.

Company Spokesman, Roger Pineda, commented, “These results are very pleasing.  Dinant is committed to enhancing opportunities for people in neighboring communities by creating thousands of permanent, well-paid jobs with company pensions and overall compensation levels averaging well above the national minimum wage.  Clearly, that is recognized by the vast majority of our employees.”

Dinant’s compensation packages and benefits are unrivalled in the Honduran agribusiness industry.  Over 75% of Dinant staff earn salaries at least 10% above the national minimum wage, and everyone receives an annual salary review.  Without exception, every member of staff is free to join a labor union and no employee is discriminated against for doing so.  Many employees are eligible to participate in Dinant’s popular savings and loans cooperative, and over 60% of the staff take advantage of the company pension plan.  Dinant has developed a strong health program with medical support for the workforce at all facilities in Honduras.  Furthermore, the company is providing land free of charge to enable nearly 500 employees to build high-quality affordable homes under President Juan Orlando’s Comisión Nacional de la Vivienda (CONVIVIENDA) Project.  In total, this land is sufficient to build 348 houses in the Bajo Aguán, 91 houses in Leán, and 37 houses in Comayagua – a total of 446 houses for hard working Honduran families in parts of Honduras that need help.

Mr. Pineda continued, “Of course, there is still work to be done.  We have been employing female security guards for several years now, but our goal is to increase the number of women employees in general, particularly by recruiting from our neighboring communities.  And the survey found that 15% of those who responded want more information about Dinant’s internal grievance mechanism procedure.  This and other useful insights will enable us to become an even better employer in the months and years ahead.”

About Corporación Dinant

Dinant is a family-owned consumer products manufacturer founded in Honduras in 1960.  Its products are sold across Central America and the Dominican Republic, and exported to global markets.  The company directly employs 7,200 people worldwide, supports over 22,000 livelihoods, generates many millions of US dollars in exports for the Honduran economy, and contributes significantly to the economies of all regions and countries in which it operates.  Dinant rigorously benchmarks its African Palm oil business against stringent international standards on economic, environmental and social impacts. 

This material is distributed by Tricuro LLC on behalf of Corporación Dinant.  Additional information is available at the Department of Justice, Washington, DC.

Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/b74b176c-6acf-469a-9b80-afc8e8994631

Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/cb99aa2e-433a-45aa-9554-2ce722a0b7c6

Roger Pineda Pinel
Corporacion Dinant
+(504) 2239-8800
[email protected]