FNB staff balloting over strike on Wednesday

05 Aug 2013 09:00
WINDHOEK, 05 AUG (NAMPA) - First National Bank of Namibia (FNB Namibia) employees will conduct a voting process on Wednesday to determine whether they should take industrial action or not over unresolved salary negotiations.
The Namibia Bank Workers’ Union (NBWU)'s Secretary-General Lawrence Ihuhua announced during a media briefing here on Monday that the balloting will commence at 07h30 and end at 08h45 at all FNB branches countrywide.
The results will be announced immediately after the voting process ends.
“We urge all employees in the defined bargaining unit to cast their votes in favour of a strike,” he advised.
During a meeting with the FNB management last week, the union turned down the bank's offer of a 7.5 per cent salary increase for its employees.
“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,” Ihuhua stressed.
He said this development has forced the union to go back to their initial demand of a 12 per cent salary increase.
The union, on behalf of the FNB employees in the bargaining unit, will continue to demand a housing subsidy of 30 per cent on 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.
Vicky Muranda, Communications’ Manager at FNB Namibia, told Nampa recently that the bank has always, and still wants to, pay the increases and discretionary bonus as soon as they reach an agreement, pending the outcome of the ballot called for by the union.
“Hence, FNB’s current offer remains a 10.93 per cent increase overall, which consists of a discretionary bonus and the negotiated salary increase,” Muranda stated.