INDUSTRY employer organisation the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has made a final wage offer to workers’ unions in an effort to bring an end to the nine-day strike in the metals and engineering sector.
The offer is for the lowest-paid employees to receive a 6% increase in wages and higher-skilled employees a 5% increase.
The offer guarantees an above-inflation increase for three years from July 1, 2021, to June 31, 2024, for steel industry employees and Seifsa believes it is fair, equitable and sustainable in the context of the industry, economy and the country as it tries to come to grips with the economic effects of Covid-19 and given that the industry was struggling to retain jobs even prior to the pandemic, said Seifsa CEO Lucio Trentini.
“This year 30 000 jobs have been lost in the industry, striking workers have lost R100-million in collective wages
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