Today's Labour News

newsThis news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.

telkom thumb100 Business Report writes that fixed-line operator Telkom says it has inked a new two-year deal with unions that will allow it to introduce widespread performance-based remuneration for both individuals and teams.  

The deal will see staff earn bonuses on top of their salaries, but no pay hikes this year.  As part of the new agreement, which is effective from 1 June, Telkom has agreed not to have forced retrenchments for two years, and to limit outsourcing to less than 1,000 staff over the next two years.  The deal has been signed with two of the company’s two recognised unions, namely the South African Communications Union (SACU) and Solidarity.  The Communications Workers Union (CWU) has agreed to the new partnership agreement in principle.  Currently one legacy matter, which is unrelated to the new partnership agreement, is in arbitration.  Not covered are employees in Telkom subsidiaries, such as Business Connexion and Trudon.

  • Read this informative report in full at Business Report
  • See too, Telkom turnaround continues after slashing nearly 4‚000 jobs, at TimesLive
  • And also, Telkom earnings increase by 15%, at Business Report

Get other news reports at the SA Labour News home page