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Northam Platinum wage success comes as a welcome Christmas gift for Solidarity members
Nov. 26, 2011 01:27PM PST
Precious MetalsThe trade union, Solidarity and Northam Platinum (JSE:NHM) reported they reached a wage agreement.
The trade union, Solidarity and Northam Platinum (JSE:NHM) reported they reached a wage agreement.
As quoted in the press release:
As part of a two-year wage agreement, Solidarity’s members at the mine will receive a wage increase of 9% backdated to 1 July, and next year, employees will receive an increase equivalent to the consumer price index (CPI) or 9%, whichever is the higher.
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