New wage offer made by Telkom

Lusanda Bill
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.