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Deadlock as Netcare nurses demand 13%

Feb 22 2011 06:23 Sapa

Company Data

NETCARE LIMITED [JSE:NTC]

Last traded 30.94
Change 0.04
% Change 0.00
Cumulative volume 1619148
Market cap 45.69bn

Last Updated: 29/07/2014 at 04:27. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - The Democratic Nursing Organisation of SA (Denosa) has reached deadlock in wage negotiations with Netcare [JSE:NTC], the union said on Monday.

Denosa was demanding a 13% wage increase across the board, said union spokesperson Asanda Fongqo.

The nurses were also requesting monetary recognition of post-graduate qualifications and a review of entry level salaries for all categories.

"Denosa wishes to emphasise that Netcare continues to generate massive profits through nurses... they are currently paying between 10% to 30% less than the public sector," Fongqo said.

Denosa members working at Netcare should "gear themselves to fight for what is due to them".

Peter Warrener, human resources director at Netcare, responded that the negotiation process was underway.

"We remain hopeful of a mutually beneficial resolution to the wage negotiations," he said.
netcare  |  denosa  |  nurses  |  strikes
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