Sibanye Platinum’s favourable wage agreement creates
Kroondal – Trade union Solidarity was pleased to announce on Wednesday, 18 October, that, amid difficult times the platinum industry is facing, it could sign a favourable three-year wage agreement on behalf of its members at Sibanye Platinum’s Kroondal Mine.
The favourable agreement signed by Solidarity is effective from 1 July 2017, and will be valid until 30 June 2020. The increase will be backdated.
The parties agreed that the wage component of employees appointed in Category A be increased by 6% during the first year. During the subsequent two years, from 1 July 2018 to 30 June 2020, these employees will receive an increase of 6% or a CPI increase limited to 7% depending on whichever is the higher amount. The salaries of employees appointed in Category B will be increased by R1 000 across the board each year. Moreover, the employer’s contribution to the employees’ medical fund will increase by R50 with effect from 1 July 2017.
Solidarity also managed to negotiate four months’ maternity leave for female employees. The employer will pay the difference between the Unemployment Insurance Fund (UIF) allowance the employee is entitled to and her current basic salary.
Connie Prinsloo, Solidarity’s deputy general secretary for the mining industry, is pleased with the agreement. “Given the difficult times the sector is experiencing, the agreement creates hope, certainty and stability in the industry for the next three years,” Prinsloo summarised the outcome of the agreement.
Solidarity press release: 18 October 2017
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