Unions reject Eskom's third and 'final' wage offer | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 80%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Three unions at Eskom have rejected what the power utility has characterised as its third and 'final' offer of a 5.25% wage increase. | News24_Business

This comes as Eskom, the National Union of Metalworkers of SA , the National Union of Mineworkers , and Solidarity concluded the third round of wage negotiations at the Centralised Bargaining Forum on Tuesday.

During this week's negotiations, NUM dropped its demand to 11%, Numsa 12% and Solidarity 9.5%, before rejecting Eskom's 5.24%"final offer". However, all parties reached a settlement on the amendment of Eskom's grievance and disciplinary procedures."Eskom is hopeful that it and the labour unions will find each other for the benefit of the company and in the best interests of the country," the power utility said.

Solidarity deputy secretary general Helgard Cronje told News24 on Friday that the trade union viewed"the fact that Eskom moved twice in a very positive light". He said that the last rounded ended on a positive note, and that Solidarity was still committed to finding a solution within the the negotiation process,"which is far better than where we were last year during the same phase of negotiations".

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines