POLITICS

Eskom and trade unions reach wage agreement

Employees will see a wage increase of between 8,5% and 10% as agreed by NUM and Solidarity

Eskom and trade unions reach wage agreement

12 August 2016

Eskom is pleased to announce that it has reached a two-year wage agreement with its recognised trade unions, ending this week’s illegal strike action by members of the National Union of Mineworkers (NUM).

The wage agreement was reached at talks facilitated by the Commission for Conciliation, Mediation and Arbitration (CCMA), which intervened in the matter in terms of section 150 of the Labour Relations Act.

In terms of the two-year agreement, signed by the National Union of Mineworkers (NUM) and Solidarity, Eskom employees will see a wage increase of between 8.5% and 10% this year and next year.

In addition, the housing allowance will also be increased by R260 per month this year, and a further R140 per month next year – bringing the total housing allowance to R3000 per month over the next two years.

The National Union of Metalworkers of South Africa (Numsa) is still considering the offer and we are hopeful that they too will sign soon.

The conclusion of this necessary chapter in our business environment enables us to now firmly focus on the task at hand of ensuring that we keep the lights on to enable growth.

Issued by Eskom Media Desk, 12 August 2016