Transnet, unions agree on two-year wage deal

15th May 2013

By: Creamer Media Reporter

  

Font size: - +

State-owned Transnet has reached a two-year wage agreement with unions, which will see employees in the bargaining unit receive an 8.5% across-the-board increase for the current financial year and a 9% increase for the following year.

The salary increases would be backdated to April 1.

Transnet indicated that it had concluded the agreement with the South African Transport and Allied Workers Union and the United Transport and Allied Trade Union-South African Railways and Harbours Union at the Transnet Bargaining Council on May 10.

“We would like to thank all our colleagues and members of our recognised trade unions for the leadership they have shown and their hard work in ensuring that we have reached this historic settlement in a mutually respectful manner,” the group said in a statement on Wednesday.

Transnet added that the settlement would enable the group to focus on achieving its operational goals for the year.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION