• Voter paralysis

    With so much tilting voters against change, democratic reason is the loser, says Solly Moeng.

  • The power of perseverance

    True grit is a reliable predictor of who will achieve success in life, says Ian Mann.

  • It's the system

    The system sucks and it’s being used far too often as an excuse, 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

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
0 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

Would you take out a payday loan?

Previous results · Suggest a vote

Loading...