Union Offers Two-Year Deal to End South African Strike
The National Union of Metalworkers of South Africa is offering a two-year deal to end strikes that have idled the country's auto industry.
#labor
The National Union of Metalworkers of South Africa is offering a two-year deal to end strikes that have idled the country's auto industry.
NUMSA initially demanded a one-year contract with a 10% pay hike and housing allowance. Last week the union rejected a counteroffer by employers for a three-year contract that would raise wages 10% the first year, 9.5% the second year and 9% the third year.
South Africa's inflation rate is at a five-year high of 6.6%. The country's economy is struggling to recover from a five-month walkout of platinum mineworkers that ended in June.
NUMSA's new offer would hike pay 10% in each of two years. In the meantime, its general strikes that began July 1 have shut down parts suppliers and idled assembly operations at BMW, GM, Ford, Nissan and Toyota.
RELATED CONTENT
-
Tesla Fires Hundreds of Employees It Considers Sub-Par
Tesla Inc. dismissed roughly 400 hourly and salaried employees last week, according to The Mercury News in San Jose, Calif.
-
CEO Barra Steps into GM-UAW Talks
General Motors Co. CEO Mary Barra met secretly with United Auto Workers union leaders yesterday afternoon, according to the New York Post, which first reported the event.
-
VW Workers Again Reject UAW at Tennessee Plant
Hourly workers at Volkswagen AG’s assembly plant in Chattanooga, Tenn., have again voted against having the United Auto Workers union represent them.