Sibanye Platinum’s favourable wage agreement creates certainty – Solidarity
JOHANNESBURG (miningweekly.com) – Trade union Solidarity says it has reached a favourable three-year wage agreement on behalf of its members at Sibanye Platinum’s Kroondal mine.
The agreement is effective from July 1, and will be valid until June 30, 2020.
Under the terms of the agreement, the wage component of employees in Category A will be increased by 6% during the first year. During the subsequent two years, from July 1, 2018, to June 30, 2020, these employees will receive an increase of 6% or a Consumer Price Index increase limited to 7%, depending on whichever is the higher amount.
The salaries of Category B employees will be increase by R1 000 across the board each year.
Further, Sibanye’s contribution to the employees’ medical fund will increase by R50 with effect from July 1.
Female employees will also be eligible for four months’ maternity leave, with Sibanye to pay the difference between the Unemployment Insurance Fund allowance the employee is entitled to and her current basic salary.
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