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.


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