NUMSA signed the wage proposal at Eskom which was negotiated in the Centralized Bargaining Forum of Eskom today, Thursday, 15 June, bearing lucrative benefits for the workers.
NUMSA breaks down the agreement as follows:
This is a three year agreement which is valid from 1 July 2023 to 30 June 2026
Wages will be increased by 7% across the board for year one, 7% for year two and 7% for year three.
The increase for year one will be implemented from the 30th of June 2023 and will be implemented in term of Eskom’s remuneration principles
Housing allowance will be increased by 7% for year one, 7% for year two and 7% for year three.
Eskom shall pay a once-off taxable payment of R10 000 to all employees for year one of the agreement. And again, in the 2nd year of the agreement, a once-off taxable payment of R10 000 will be paid to workers.