ANA reports that the National Union of Mineworkers (NUM) on Friday successfully concluded negotiations for a one-year wage agreement with Geomechanics, ending a three-day strike at the drilling and mineral exploration company.  

Workers downed tools on Monday last week demanding, amongst other improvements, a salary increase of 15% across the board.  The agreement will see wage increases of up to 10% for the workers, backdated from June 2016.  Also included will be a R300 allowance per day for work done outside the country.  There will furthermore be the creation of a provident fund for workers with a 7.5% contribution from each party.  The employer also agreed to pay all employees an amount equal to basic salary as an annual bonus or 13th cheque in December each year.  A task team that will look into other matters such as allowances and medical aid.

• Read this report in full on page 17 of Business Report of 16 January 2017
• Read the NUM’s press statement in this regard at Polity

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