Johannesburg - The Association of Mineworkers and Construction Union (Amcu) on Monday indicated it wants the platinum companies to meet its demands – at least in part – by curtailing “reckless spending on overtime that predominantly benefited managerial employees”.
The amounts paid to workers in higher income categories than Amcu’s membership receive a disproportionate share of overtime expenditure, it argued, according to City press.
This is one of a number of “saving mechanisms in order to finance the wage increases”, Amcu is trying to bring to the table.
Suggestions of this type have been roundly rejected, said the union.
Amcu members at Lonmin [JSE:LON], Impala Platinum [JSE:IMP] and Anglo Platinum [JSE:AMS] downed tools on January 23 demanding a basic salary of R12 500 over a period of four years.
Attempts to broker a deal have been unsuccessful.
Amcu is being assisted in the wage talks by the Alternative Information and Development Centre (AIDC), a pro-union think tank.
AIDC researcher Dick Forslund accompanied Amcu’s leadership at a press conference to explain their new approach to the talks.
According to him, Amcu is now trying to seriously challenge the companies’ claim that the demanded increase is utterly “unaffordable”.
Anglo Platinum allegedly came to the talks with a cost analysis that significantly overstates the amount of employees it has – thus inflating the cost of the demand.
Neither Impala of Lonmin have provided any kind of details about how they are determining the affordability of the demand, said Amcu.
According to Forslund, this leaves Amcu with “no basis for rational negotiations”.
Read the full story on City Press.
The amounts paid to workers in higher income categories than Amcu’s membership receive a disproportionate share of overtime expenditure, it argued, according to City press.
This is one of a number of “saving mechanisms in order to finance the wage increases”, Amcu is trying to bring to the table.
Suggestions of this type have been roundly rejected, said the union.
Amcu members at Lonmin [JSE:LON], Impala Platinum [JSE:IMP] and Anglo Platinum [JSE:AMS] downed tools on January 23 demanding a basic salary of R12 500 over a period of four years.
Attempts to broker a deal have been unsuccessful.
Amcu is being assisted in the wage talks by the Alternative Information and Development Centre (AIDC), a pro-union think tank.
AIDC researcher Dick Forslund accompanied Amcu’s leadership at a press conference to explain their new approach to the talks.
According to him, Amcu is now trying to seriously challenge the companies’ claim that the demanded increase is utterly “unaffordable”.
Anglo Platinum allegedly came to the talks with a cost analysis that significantly overstates the amount of employees it has – thus inflating the cost of the demand.
Neither Impala of Lonmin have provided any kind of details about how they are determining the affordability of the demand, said Amcu.
According to Forslund, this leaves Amcu with “no basis for rational negotiations”.
Read the full story on City Press.