• Retribution will come

    Those who now pay the price for opposing a corrupt system shall rise again, says Solly Moeng.

  • Ego - the enemy within

    Successful people are humble in their aspirations and resilient in failure, says Ian Mann.

  • You can’t eat dust

    We should insist on products that save our soil and ensure food security, says Mandi Smallhorne.

All data is delayed
Loading...
See More

Lonmin workers get wage increase

Dec 14 2011 16:19
Sapa

Johannesburg - Platinum miner Lonmin has signed a two-year wage agreement with workers affiliated to trade union Solidarity, the union said on Wednesday.

"Employees... mainly mineworkers, artisans and officials will receive an 8 percent increase and members of management will receive an increase of 6.5 percent," said spokesman Louis Pretorius.

The wage increase agreement would depend on the workers' job level and performance during 2012 and 2013.

"The wage agreement must be implemented retroactively as of October 1, 2011. When the agreement was signed, Solidarity requested that it be implemented during December's pay-run, if possible," he said.

Pretorius said other issues including sick leave, housing and employee share ownership would be discussed at a later stage.

solidarity  |  lonmin  |  wage agreement

 
 
 

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
0 comments
Comments have been closed for this article.
 

Company Snapshot

Money Clinic

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

Voting Booth

Do you use all your downloaded apps on your smartphone?

Previous results · Suggest a vote

Loading...