As part of the agreement, regional plantation companies have agreed to revise the salaries of land agents covered by the agreement by 25%. This revision shall be granted with immediate effect and shall be valid for a period of at least three years. The Director General of the Ceylon Employers` Organisation, Ravi Peiris, commented on the agreement as follows: “We are delighted that CESU has returned to the negotiating table to renegotiate the collective agreement. The agreement offers a win-win solution to the needs of workers and regional plantations. He said that while it increases workers` wages, it rejuvenates workers` commitment and loyalty to the employer. “But at the end of the day, the success of this agreement depends on what happens in the workplace. It is important that we transpose the spirit of understanding and dialogue embedded in this agreement to the day-to-day operation of properties in each regional plantation company,” he added in the press release. Another key feature of the collective agreement is that it was agreed to change the retirement age for workers from 58 to 60. The Ceylon employers` organisation has signed the Plantation Staff Collective Agreement with the Ceylalon Estates Staffs` Union (CESU) for a period of three years from 1 October 2013, the association said. .