Unions to consult members on Eskom’s offer of a 6.2% pay increase
Eskom trade unions said on Thursday they would consult their members to get a mandate on whether to accept or reject the company’s renewed wage increase offer of 6.2% for 2018. One of the unions, Solidarity, said it would advise its members to accept the offer, which also promises 6% in 2019 and 6% the following year. The unions said Eskom presented the proposal as a "take it or leave it" offer during negotiations on Thursday. The National Union of Mineworkers, the National Union of Metalworkers of SA and Solidarity closed ranks last week, tabling demands of 9% for 2018 and 8.5% and 8.6% for the two successive years. However, it now seems the unions are leaving it up to their members to decide, after the power utility moved from its 0% position of four weeks ago. Solidarity’s Deon Reyneke told Business Day they thought the offer was favourable given its distressed financial position. "We will advise our members that this is a good offer, taking into consideration the financial posit...
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