Registered users can save articles to their personal articles list. Login here or sign up here
 Registered users can save articles to their personal articles list. Login here or sign up here

Unions reject SAFCEC’S improved wage offer

The offer is higher than the average settlements reached by NUM this year.

The improved wage offer from the South African Federation of Civil Engineering Contractors (SAFCEC) to NUM and BCAWU of 10.4% was rejected by the unions yesterday.

This offer is significantly higher than the average settlements which have been reached by NUM and other unions earlier this year.

Despite this, and the call from SAFCEC to allow employees to benefit from this wage offer, the unions have remained inflexible demanding a 13% increase. Their demand for a wage increase is in addition to a range of other cost items including, amongst others, reduced working hours, additional leave, increased annual bonuses and daily allowances.

These demands could potentially add an additional 50% to the cost of wages over and above the 13% wage increase.

“SAFCEC is of the opinion that the unions are holding the industry and the country to ransom. They seem to be uninterested in South African being ready for the 2010 World Cup,” Joe Campanella, spokesman for SAFCEC, says.

“It seems inevitable at this stage that industrial action will take place tomorrow. We are deeply concerned about the effect it will have on the completion of all the critical projects being undertaken in our country at the moment.”

“SAFCEC remains committed to finding a solution and is available to the unions at any stage to resume negotiations.”

Home     South Africa

   No comments so far

Comments on this article are closed.

Latest Currencies

ZAR / USD
ZAR / GBP
ZAR / Euro

SEARCH CLICK A COMPANY
Enter company name or share code:

Podcasts

Moneyweb Investor Issue 17

Barloworld is among ten companies listed for 75 years. Will it survive and thrive for another 75 years? What stocks to buy for a ten-year old and great company analysis. All in September's Investor.