New wage offer made by Telkom
27 August 2011
Unions at Telkom are considering a new wage offer made by the employer at the Commission for Conciliation, Mediation and Arbitration.
Telkom is now offering a six-and-a-half-percent increase this year and inflation plus one-percent next year.
It will also increase employees’ profit sharing to 18-percent.
While union are still demanding an increase of between seven-and-a-half- and eight-percent, they are looking at Telkom’s new offer, after which they say a complete mandating process will follow.