Transnet, labour unions sign three-year wage deal
Freight logistics group Transnet on Tuesday night signed a three-year wage agreement with the South African Transport and Allied Workers’ Union (Satawu) and the United National Transport Union (UNTU).
The agreement will see bargaining unit employees receive increases of 7%, 7.5% and 8.25% in the three years to 2018. The increases would be backdated to April 1.
Further, nightshift and standby allowances would increase, as would housing and medical aid allowances.
“Crucially, [the agreement] allows us space to focus on the execution and implementation of our Market Demand Strategy. It also demonstrates that all members of the Transnet family are committed to driving a high performance culture and to creating a globally competitive freight transport and logistics company South Africa can be proud of.
“This agreement is confirmation that all of us agree that we need to double our efforts to improve on productivity and efficiency, as we strengthen the logistics competitiveness of the country. At the same time, we will be strengthening key identified market segment supply chains,” Transnet said in a statement on Wednesday.
It further pointed out that the parties had agreed that there would be no forced retrenchment for operational reasons, throughout Transnet for the duration of the agreement.
“This confirms the determination by Transnet, Satawu and UNTU to ensure sustainable jobs,” stated Transnet.
Meanwhile, as part of a separate agreement, first-line managers, specialists and technicians, who fall between management and the bargaining unit, would receive increases of 75% of the negotiated yearly increase, with the remainder subject to an employee’s performance.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Sulzer South Africa, established in 1922, partners with critical industries like power, oil & gas, water, mining, and chemicals to boost...
VISIT SHOWROOM
The Steel Tube Export Association of South Africa was established to develop sustainable, internationally competitive carbon steel tube and pipe...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
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?
Receive 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)
➕
Recieve 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
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
