https://www.miningweekly.com
Gold
Gold
gold

Village Main Reef signs two-year wage agreement with unions

18th October 2021

By: Marleny Arnoldi

Deputy Editor Online

     

Font size: - +

Trade unions the National Union of Mineworkers and Uasa have signed a two-year wage agreement with gold miner Village Main Reef (VMR), effective July 1, 2021, to June 30, 2023.

This follows an announcement by trade union Solidarity last week that it too had signed the agreement with VMR.

Under the terms of the agreement, Category 4 to 8 workers will receive a wage increase of R800 a year, while miners and artisans will get a 5% increase.

Lower-level officials will receive an R800 or 5% increase and officials will get a 5% increase on the standard rate of pay.

VMR will increase the current living out allowance to a maximum of R2 500 for all employees - R100 from September 1, 2021, and R100 from September 1, 2022.

The company will comply with the 2018 to 2021 minimum medical incapacity benefit of R60 000.

The company will provide employees with four months paid maternity leave in terms of applicable policies and procedures, with the option to average out over six months.

VMR will provide paternity leave as provided for in the Basic Conditions of Employment Act.

In the event of retrenchments, the company will pay a severance benefit as provided for three years in terms of the Mineral Council Agreement for the period 2018 to 2021.

In year one, the company will increase the minimum severance amount of R1 000 to the maximum amount and do the same in year two.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

SABAT
SABAT

From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.118 0.156s - 107pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: