According to Seifsa, the deal will cover the period between July 1, 2021, and June 30, 2024, and is in full and final settlement of wages and conditions of employment.
Numsa defended its initial demands of 15%, which the union later compromised to 8%, and has now compromised further to 6%. ”Seifsa, as a federation representing employer associations that employ the majority of workers in the engineering sector, missed an opportunity to use its majority to break with the racist past,” Jim said.