Strike by 500 000 security guards looms | IOL Business Report

JOHANNESBURG - Mediation is all that stands between more than 500 000 workers and a looming strike in the private sector security industry after wage negotiations collapsed last week. Parties failed to reach an amicable solution through negotiations, with employers saying workers’ demands were unrealistic. The national wage negotiation process started in August.

Mediation took place on Wednesday and Thursday, under the auspices of a neutral facilitator. Nine unions last week rejected the 5 percent salary offer presented by the South African National Security Employers’ Association and the Security Association of South Africa at the Bargaining Council for the Private Security Sector.

Employers offered an above-inflation increase of 5 percent for a Grade C security officer, with a rand or value equivalent increase for the higher level grades in each respective year for three years. Private security industry workers are demanding a salary adjustment to R7500 for the lowest-paid category of Grade C officers, R8000 for Grade B and R8500 for Grade A officers. Currently, security officers are paid R4377, R4981 and R5558, respectively.

During the last strike of the boom pilot industry, theft went down considerably. Wonder why?

Or an alternative headline. 'Criminal free-for-all looms'

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

OR Tambo, Cape Town and King Shaka Airports may be affected by Airchefs strike - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.%The National Union of Metalworkers of South Africa (NUMSA ) has warned that people who intend to fly should that its members at Airchefs will embark on a strike if the Labour Court in Johannesburg rules in favour of the union on Monday.% Hawu kshuthi ngeke sidle le emoyeni. 😯😯😯💜💜💜
Source: SABC News Online - 🏆 32. / 51 Read more »

Sibanye to create gold holding firm | IOL Business ReportSibanye-Stillwater is overhauling its corporate structure and will create a holding company for its gold assets, months after it took over platinum producer Lonmin. busrep
Source: IOL - 🏆 46. / 51 Read more »

Air passengers advised to pack their own food | IOL Business ReportNumsa has advised airline passengers to pack their own food as it prepares for a strike at Air Chefs over allegedly unpaid “anniversary bonuses”. busrep
Source: IOL - 🏆 46. / 51 Read more »

No impact on operations at Air Chefs | IOL Business ReportAir Chefs management took steps to ensure that if the planned industrial action occurred, there should be minimal or no impact ...
Source: IOL - 🏆 46. / 51 Read more »