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Johannesburg - Global brewer SABMiller [JSE:SAB] reached a wage deal with more than 2 000 workers, ending a five-week strike that had little impact on beer production.
SABMiller, which is also listed in Johannesburg, said it had agreed to raise wages by 7%, plus performance-related pay, back-dated to July 1.
"I was proud of the resilience of the majority of our employees during this difficult period who worked together to ensure the impact on our operations was minimised," said Mauricio Leyva, head of the brewer's domestic unit.
Workers led by the Food and Allied Workers Union were initially demanding a 9.5% wage hike and for the company to do away with performance-related pay.
The pay settlement, which raises the average monthly pay to just over R18 000, is above an inflation rate of about 6% and reflects similar accords across the local economy.
SABMiller, which is also listed in Johannesburg, said it had agreed to raise wages by 7%, plus performance-related pay, back-dated to July 1.
"I was proud of the resilience of the majority of our employees during this difficult period who worked together to ensure the impact on our operations was minimised," said Mauricio Leyva, head of the brewer's domestic unit.
Workers led by the Food and Allied Workers Union were initially demanding a 9.5% wage hike and for the company to do away with performance-related pay.
The pay settlement, which raises the average monthly pay to just over R18 000, is above an inflation rate of about 6% and reflects similar accords across the local economy.
