RBPlat, NUM sign five-year wage agreement
Platinum group metals (PGMs) miner Royal Bafokeng Platinum (RBPlat) has concluded a five-year wage agreement with its permanent employees, who are represented by the National Union of Mineworkers (NUM).
The agreement, which is effective July 1, this year, provides for increases in all major components of remuneration over the next five years. This includes salary increases of 7% in years 1, 4 and 5 of the agreement and increases of 6% in years 2 and 3 of the agreement.
Further, employees whose remuneration falls below the entry-level minimum wage after the application of the above increases, will receive a further salary increase.
RBPlat said last week the wage deal had been achieved through a collaborative process “exemplified by mutual respect between RBPlat and the NUM”.
It added that the agreement provided the company with five years of stability.
“The company acknowledges with appreciation to the union the maturity with which these very difficult negotiations were conducted. The agreement removes substantial uncertainty for our employees into the future and allows the company’s employees to remain focused on safety and productivity.
“Both parties are committed to working towards ensuring a sustainable business that will create long-term value for all our stakeholders,” the PGMs miner stated.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa
VISIT SHOWROOM
Electrifying the world in a safe, smart, and sustainable way, ABB Electrification is a global technology leader in electrical distribution and...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
