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HeraldLive reports that Buffalo City Metro (BCM) has allocated close to half a billion rands for salary increments and backpay for thousands of its employees in the current financial year.
The council on Wednesday approved the standardisation of salaries in the metro following prolonged negotiations with the SA Municipal Workers’ Union (Samwu) and the Independent Municipal and Allied Trade Union (Imatu). Although the R456-million commitment is less than initially demanded, workers expressed happiness over the agreement. Apparently, R3,000 will be paid to each BCM employee a month as an ongoing commitment from 1 July to 30 June next year. This will cost the metro R195-million for the financial year. The amount will increase annually. A commitment of R2,000 from 1 March to 30 June this year will also be paid to each employee, amounting to R44-million. Backpay will amount to a once-off payment of R40,000 to each employee who joined BCM before 2014. Those who joined after 2014 will receive backpay based on the number of years served.
- Read this report by Mamela Gowa in full at HeraldLive
- See too, Buffalo City metro pay deal with workers worth R456m, at DispatchLive
Get other news reports at the SA Labour News home page