Assessment of the profit sharing schemes

Title: Assessment of the profit sharing schemes
Creator: NUM
Subject: NUM
Date Issued: 1992
Date: 1992
Type: text
Identifier: http://hdl.handle.net/10962/149616
Identifier: vital:38869
Description: In 1991 and 1992, the NUM accepted basic wage Increases on the gold mines that were far below the annual Inflation rate because of the crisis in the industry. The priority of the union was to preserve employment. But this left the door wide open for rich mines (like Kloof, Elandsrand and Vaal Reefs) to hide behind the low increases that are set in the Chamber negotiations at levels that Freegold, Buffelsfontein and marginal mines can live with. The NUM decided that workers need a way of adding more money onto their wages If the mines can afford to pay more.
Format: 18 pages
Format: pdf
Publisher: National Union of Mineworkers (NUM)
Language: English
Rights: National Union of Mineworkers (NUM)
Rights: No part of this publication may be reproduced or transmitted in any form or by any means without prior permission from the publisher

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