BusinessLive reports that the United Association of SA (Uasa) says it is seeking a mandate from workers at Denel about the legal action they want taken against the company for withholding their "self-funded" bonuses.
Uasa, which has equated the nonpayment to fraud and theft, said its members had been left fuming in November when the state-owned entity failed to pay them the 13th cheque towards which they had contributed during 2017. The union also expressed concern about Denel’s ability to pay employees their December salaries, as indications were that the financially unstable company’s situation has deteriorated. Denel reacted by saying it was awaiting guidance from the Treasury before it could confirm when the payments would be made. According to Uasa, Denel CEO’s and chief financial officer are due to receive 50% of their annual salaries as performance bonuses, despite the financial setbacks experienced by the company’s personnel.
- Read this report by Theto Mahlakoana in full at BusinessLive
- See too, Denel workers enraged after bonuses withheld, at Business Report
Read Uasa’s press statement at Uasa online
Get other news reports at the SA Labour News home page