Steel, engineering industry body welcomes end of Numsa strike

Steel, engineering industry body welcomes end of Numsa strike

Gauteng – NUMSA’s strike has been called off by the Steel and Engineering Industries Federation of Southern Africa (Seifsa) (Numsa).

A special national executive committee (NEC) meeting of Numsa on Thursday decided to accept Seifsa’s offer of a 6 percent salary hike.

As a result of this, the country’s largest trade union has vowed to continue its fight against what it refers to as the “broad daylight robbery” of the employees’ excess value.

Numsa reminded the country that its struggle was to progress mankind, not selfishness and the maximization of wealth for a few at the expense of the many.

”It is within this deeper and sober analysis that the Numsa special NEC convened last night and decided to accept the current 6% on minimums, despite our earlier demand that it must be given on actuals,” the union said.

For the period of July 1, 2021 to June 30, 2024, Seifsa claims that the agreement covers the entire range of salaries and working conditions.

”Wages during the three-year period will be adjusted on average by 5.49%, with a general labourer receiving 6% and artisans 5% calculated on rand and cents on the scheduled rates,” the federation said.

Although the union first sought 15% of the company’s profits, Numsa eventually settled for 8%, and has now agreed to further concessions of 6%.

Continue Reading From Next Page

Leave a Reply

Pages: 1 2