NBWU refuses to accept FNB's 7.5 per cent salary increase offer

30 Jul 2013 12:00
WINDHOEK, 30 JUL (NAMPA) - The Namibia Bank Workers Union (NBWU) says it has turned down First National Bank of Namibia (FNB)’s latest offer of a 7.5 per cent salary increase for its employees.
Speaking during a media briefing here on Tuesday after meeting with the management of FNB, NBWU Secretary-General Lawrence Ihuhua said the proposed settlement agreement put on the table by the bank’s negotiation team is “not acceptable”.
“The union stands on its ground in demanding a fair, equitable and better acceptable settlement than the norm and most importantly, sustainable for its members,” he stated.
Ihuhua said this development has forced the union to go back to their initial demand of a 12 per cent salary increase.
He added that the union, on behalf of the FNB employees in the bargaining unit, will continue to demand a housing subsidy of 30 per cent of the employees’ basic salary, a housing limit increase of N.dollars 150 000, transport allowance of N.dollars 750 and hardship withdrawal from their pension fund.
Ihuhua called on FNB employees in the bargaining unit to vote in favour of a strike in order to pave the way for the industrial action which was initially supposed to take place on 31 July this year. It was however postponed.
The NBWU Secretary-General accused the FNB management of employing “dirty tactics” and denying the workers the opportunity to exercise their rights in terms of collective bargaining.
Ihuhua said the bank wants eligible voters for the ballot for the strike to consist only of union members, while the ground rules and the recognition agreement refers to all employees in the bargaining unit.