Eskom and its recognised trade unions agree on a 7% salary increase over 3 years to create stability

Thursday, 15 June 2023: Eskom is pleased to announce that the organisation and its recognised trade unions, 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.

Eskom expresses gratitude to all the parties for their commitment to this process and for placing Eskom and the interests of all South Africans first.


Similar Posts