Eskom has raised its wage hike offer to unions to 5.25% from 4.5%, according to a document seen by Business Maverick.
The trio of unions involved will hold separate meetings later in the day – called caucusing – but a union source said he expected them to reject the offer.
Solidarity is demanding CPI plus 3%, NUM 11% and Numsa 12%.
With inflation at elevated if slowing levels and interest rates rising, the unions will almost certainly push for more than the 5.25% offer which Eskom described as “final”.
The third round of the talks will end Thursday and if they end deadlocked a dispute will likely be called, sending the process into conciliation and arbitration
source:Exclusive: Eskom increases offer in wage talks again (dailymaverick.co.za)