Eskom seals wage deal with trade unions on a 7% pay hike

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  • Eskom has announce that they and the National Union of Mineworkers (NUM), National Union of Metalworkers of South Africa (NUMSA) and Solidarity today reached an agreement at its Central Bargaining Forum process.
  • The parties agreed on a 7% salary increase for all non-managerial employees over a 3-year period, effective from 1 July 2023 to 30 June 2026.
  • In addition, the parties agreed to a 7% increase in the housing allowance over the three year period, and a once-off taxable payment of R10 000 for the first two years.

Commenting on the development, Eskom’s Acting Group Chief Executive, Calib Cassim, said: “The collective agreement will go a long way in stabilising our organisation by providing Eskom with sufficient space and time to collaboratively work together to urgently address our most pressing challenges.”

“It is worth noting that this is the first time in more than a decade that the parties have reached agreement in the room.” added Cassim.

Author: Bryan Groenendaal


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