The principles of the agreement with three unions - Sacu‚ the Communications Workers Union and Solidarity - provides a general increase for each job type based on 6% of the market's median salary for the job. Lower-paid workers will receive an additional increase.
"It is encouraging that our employees are willing to support the company's initiatives to ensure cost effectiveness and the sustainability of our business. Our determination to close the wage disparities has not gone unnoticed‚" said Telkom's chief executive Sipho Maseko.
The telecommunications group has undertaken to engage with the unions if the consumer price index moves above 7.5% and remains at that level for a minimum of six consecutive months during the effective period of this agreement.
Source: Sapa via I-Net Bridge
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za
Dentsu 1 day
