• Clueless leaders

    Zim's leaders are clueless about managing the economy or leading the nation, says Malcom Sharara.

  • Govt is out of touch

    Journalists seems to know more than those paid to govern us, says Mandi Smallhorne.

  • Terry Bell's Inside Labour

    Private firms can't be blamed for picking up anything lucrative on offer, says Terry Bell.

All data is delayed
Loading...
See More

Eskom ordered to raise pay

Feb 01 2012 16:35
Reuters
Johannesburg - Power utility Eskom has been ordered to raise its wage increase to the National Union of Mineworkers (Num) by at least 1% the union said on Wednesday.

Eskom wanted to unilaterally implement a 7% wage hike, which was below the union’s demands of a 13% rise. The dispute was then referred to arbitration.

“The arbitrator ruled that Eskom must increase its wage increment by an additional 1.1% retrospective from July 2011 and by 8.1% in 2012,” Num said.

It said Eskom was also ordered to raise it housing allowance by R500 a month to reach R2 000.

Eskom was not immediately available for comment.

Wage negotiations at Eskom are fraught with legal implications, with the utility saying it is unlawful for its workforce to strike because of the devastating impact the move would have on the economy.
num  |  wage increase  |  eskom

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
3 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

THE DEBT ISSUE

Debt is one of the biggest financial issues facing South Africans today. Find out how you can avoid and manage your debt with Fin24 and Debt Rescue.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Labour’s call for a cap on salary of high earners is?

Previous results · Suggest a vote

Loading...