NUMSA REJECTS 4, 1% RACIALISED WAGE OFFER BY ENGINEERING RULING OLIGARCHY
25 May 2011
The National Union of Metalworkers of South Africa (Numsa) representing more than 117 000 workers, has been resolute and engaged in protracted wage negotiations with the engineering oligarchy for wage demands for 2011 as per main agreements in line with the Labour Relations Act as promulgated by the ANC-led Alliance government.
The latest wage offer of 4, 1 % by engineering ruling oligarchy is a spit in the face and a declaration of war against the workers. This clearly demonstrates high levels of malodorous arrogance and sheer disdain by the engineering oligarchy to improve workers socio-economic living conditions. It is a well known fact that workers share of the income has shrunken over the past years due to the high cost of food, electricity, transport as a result of the neo-liberal policies entrenched and fostered in our economy and society broadly.
Our demands are realistic and achievable taking into account that the engineering is a monopoly, and continuously pays its senior Executives salaries and bonuses far and extremely above rate.
This is what the engineering ruling oligarchy is rejecting;