Both Sides of The Coin: The Story of The Central Bank of Barbados 1972-2017

107 The new approach to human resource management also recognised the value of the Bank’s retirees and sought to keep them as part of the Bank’s family through the formation in the early 2000s of a Retirees Club. This kept them informed about developments in the Bank, helped to preserve the institutional memory and provided companionship and continuity. Awards and recognition There was an upgrade of the programme which recognised and rewarded the contributions of the Board members, staff and retirees. Long- service awards had always been a feature of the significant Anniversary Celebrations, starting with the tenth in 1982. However, an annual long- service Awards Ceremony was started in 1999 and in the following year, a number of Special Awards were added to the list. Internal communication After the turn of the century, the Bank’s intranet was the main avenue for internal communication. During this period, among the other mechanisms created to inform staff about developments in the Bank and allow them to express their views were CBB-TV , an in-house television facility that ran for seven years, and Staff Talk , an online discussion forum. Positive Vibes was a monthly letter from Governor Worrell that was intended to motivate staff. Left: Hazel Weir using exercise equipment in the gym. Right: Retirees at annual reunion. Chapter 4: Maturity, Modernisation and Issues of Governance: 1987 and Beyond