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SEIFSA Wage Negotiations Content - Issue 03

The Main Agreement Wages and Conditions of Employment Negotiations held on the 7th and 8th June 2017 ended with the employers presenting a wage model which aims to take into account the difficult economic and business conditions experienced by members.

When the negotiations commenced on 7 June under the facilitation of a Senior CCMA Commissioner, the trade unions provided motivations for their respective demands and requested that the employers respond to their demands and table a wage offer.

In response over the two days, the employers made reference to the importance of constructing a new collective agreement that is competitive in nature and caters to the different needs of each employer constituency. In particular, they highlighted issues related to sustainability, competitiveness, job retention and job creation.

Today (Thursday, 8 June) the employers tabled a 5,3% wage increase (informed by the current official inflation rate) on the current minimum rates, accompanied by demands for a three-year Agreement, among other things. The unions unanimously rejected the employers’ proposals and demanded that they return to their constituencies for revised mandates.

Negotiations are scheduled to continue on Thursday, 15 June 2017. The SEIFSA Council will meet on Monday, 12 June 2017 to receive a report and consider the best way forward.

Kaizer Nyatsumba
Chief Executive Officer
Direct | Tel: 011 298 9403 | Fax: 011 298 9503 | Cell: 072 177 8197 |
E-mail: kaizer@seifsa.co.za

Head Office | Tel: 011 298 9400 or 0861 SEIFSA | Fax: 011 298 9500

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