NBWU to consult Labour Commissioner on FNB wage dispute

26 Jun 2013 10:40
WINDHOEK, 26 JUN (NAMPA) - The Namibia Bank and Allied Workers Union (NBWU) will consult the Office of the Labour Commissioner on Thursday for possible conciliation and mediation on the current wage dispute with the First National Bank of Namibia management.
NBWU Secretary-General Lawrence Ihuhua said this during a media briefing here on Wednesday.
The bank and the union reached a deadlock over salary increment negotiations after the union turned down an offer of seven per cent from the bank.
The union initially requested 12 per cent but later lowered it to 10 per cent.
?We also proposed a housing subsidy of 30 per cent on the basic salary of all employees who do not have housing mortgages with the bank,? he said.
Ihuhua said they are not satisfied, and will only settle for the best possible deal under the circumstances.
He stated that arguments from FNB's negotiation team are not acceptable, and thus the union stand on its ground in demanding fair, equitable and better settlements than the norm for its members.
Ihuhua said the union will continue to engage the bank to find an amicable solution to this deadlock.
If all else fail, industrial action will follow on Wednesday, 03 July 2013.