Transnet rail workers received double pay in January after bank switch | Business

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Transnet Freight Rail accidentally paid most of its employees twice in January due to an error that occurred while switching to new bankers. | News24_Business

Photo: Andre KritzingerTransnet Freight Rail accidentally paid most of its employees twice in January due to an error that occurred while switching to new bankers.

But trade unions, who met with management on Wednesday, said on Thursday that this was not the agreement reached and that workers could repay the money in instalments over the calendar year by arrangement with their human resource managers, implying there would be some costs that TFR would have to carry beyond March 2023.TFR has 26 000 employees and a monthly wage bill of over R1 billion. Employees who banked with FNB and RMB were not affected.

 

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