Workers urged to be financially prepared when taking part in strike action - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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More than 40 000 Transnet workers have downed tools demanding a double-digit pay rise. With the threats of more industrial action in the public sector, financial advisers are urging workers to be financially prepared when taking part in strikes.

Experts say it could take up to six years for striking workers to recover from the money lost during the few weeks of a stay away.

Many workers are embarking on strikes in a bid to force the employer to offer them a better salary increase that can beat inflation.This is likely to hit hard on the pockets of many striking workers who are already battling to deal with the escalating costs of food, electricity and transport. Union members in many developed countries have what is called the union’s strike fund to provide members with some financial support during industrial action.But the South African Transport and Allied Workers Union says it is considering a strike fund to ensure that its members get some money while they are on strike.

 

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UNTU and TransnetNPA are together in a Bed of Sexism and Woman Sexual Harassment

Mara who gives u a raise of 3% when inflation is 7%? That is total disrespect for the employees...but I am not surprised...management wants it to fail like they did eskom...so they can unbundle and buy the SOE. We know the trick

Workers on strike must be compensated (%) by the unions. That's the only way the strike will be strong. Without this, workers will go back to work and the strike will be weakened.

Money found under matras has set a precedence also in light that civil servants received no raise for 5 years😴

so does this mean that the striking workers will suffer financially , and the people in the unions will still be taking home their full salaries no matter how long the strike goes on 4, that cannot be fair

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