Top Stories
South African labour union to strike at ArcelorMittal over wages
Quick Summary
CAPE TOWN (Reuters) – South Africa’s metal-workers’ union said it will launch a wage-related strike on Wednesday at ArcelorMittal South Africa Ltd after talks with the management over salary hikes hit a deadlock.
CAPE TOWN (Reuters) – South Africa’s metal-workers’ union said it will launch a wage-related strike on Wednesday at ArcelorMittal South Africa Ltd after talks with the management over salary hikes hit a deadlock.
The National Union of Metalworkers of South Africa (NUMSA) said on Monday it had provided a 48-hour strike notice, in line with labour regulations after mediation efforts failed.
NUMSA sought an across-the-board wage increase of 10%, a housing allowance, and an 80% medical aid contribution from the employer, among other demands.
Africa’s biggest steel producer, majority owned by Luxembourg-based ArcelorMittal SA, has only offered 5% across the board, as well as cash incentives, the union said, adding, “We reject this proposal.”
ArcelorMittal spokesperson was not immediately available for a comment.
(Reporting by Wendell Roelf; Editing by Bhargav Acharya and Sherry Jacob-Phillips)
Frequently Asked Questions about South African labour union to strike at ArcelorMittal over wages
1What is a housing allowance?
A housing allowance is a financial benefit provided by an employer to help employees cover their housing costs. This can include rent or mortgage payments and is often part of a compensation package.
2What is a salary hike?
A salary hike refers to an increase in an employee's pay. This can be due to performance, cost of living adjustments, or negotiations during labor discussions.
3What is a labor union?
A labor union is an organization of workers that aims to protect and advance their rights and interests. Unions negotiate with employers on behalf of their members regarding wages, benefits, and working conditions.
