Anglo Platinum has formally signed a wage agreement with the National Union of Mine Workers (NUM) National Union of Metalworkers of South Africa (NUMSA) and United Association of South Africa (UASA), resulting from this year’s wage negotiation process.
The details of the agreement are as follows:
Wage increase
Year 1:
10% A1 to B3 Bands
9.5% B4 to B7 Bands
9% C1 to D1 Bands
Year 2:
8% A1 to B3 Bands
7.5% B4 to D1 Bands
Or alternatively
CPI plus 2%
whichever is the greater.
In year 1, the minimum wage will increase to R4, 000 and R4, 400 surface and underground respectively.
The living out allowance will increase by 10% in year 1 and new rates for the Home Ownership Allowance have been agreed with the minimum of R1850-00 for A1 and B7 Bands
For further information please contact:
Anna Poulter
+27(0)11 373 6683
[email protected]