Nedbank workers refuse eight per cent increase

21 Jun 2013 12:10
WINDHOEK, 21 JUN (NAMPA) - Nedbank employees are considering industrial action next Friday should their demands for a nine per cent salary increase not be met by the bank.
Namibian Financial Institutions? Union (Nafinu) General Secretary Asnath Zamuee told Nampa on Thursday the Nedbank employees have refused the offer of an eight per cent salary increase made by the bank some two weeks ago.
NedBank employees initially demanded a nine per cent salary increase for workers in the bargaining unit, while the bank?s management was only willing to offer a seven per cent increase.
Earlier this month however, the bank offered an eight per cent increase, which was agreed upon by the union.
The union and its members have however since agreed to stick to their initial demand of nine per cent.
Zamuee on Thursday said the bank?s management has also failed to give the employee low banking fees compared to other bank clients.
?The negotiation with the bank management is back to square one since the workers refused the offer and are still demanding nine per cent,? she said.
She noted that she received the bank?s latest offer and communicated the union?s reaction to the bank on Thursday. She would however not disclose what Nedbank had offered.
Nedbank?s Executive Communication Officer, Rector Mutelo however denied receiving any communication from the union, saying the bank was not aware that the employees were not happy with their offer of eight per cent.
?We did not receive any response from the union since they have to meet with all their members from all 21 branches throughout the country,? he said.
Nafinu is also demanding 100 per cent medical aid cover by the bank.
If the two parties fail to reach an amicable solution, more than 400 workers are set to take part in the strike.