By Oiva Angula
22 October 2014
Telecom Namibia has signed a one-year wage agreement with Namibia Public Workers Union (Napwu) after 6-days of tough negotiations which took three times longer than last year’s to conclude.
This agreement is effective from the 1st of October 2014 until 30th September 2015.
Telecom MD Frans Ndoroma and Napwu deputy secretary-general Gabes Andumba signed the new agreement at the company’s head offices in Windhoek this morning.
The agreement offers the following:
- Basic salary increase amounting to 7.5% for bargaining unit employees in the A2to C3 job sub-grades.
- Total-cost-to-company remuneration increase amounting to 5.8% for bargaining unit employees in sub-grades C4 to D3.
- Monthly housing allowances for employees in Paterson job grades A2 to C3 will increase by N$ 300.00 monthly.
- The housing maximum qualifying amounts for employees in the Paterson job grades A2 to D3 will be increased by N$50 000, 00.
Ndoroma saidthe agreement would cost Telecom Namibia an additional N$ 22.1 million for the 2014/2015 financial year.
“I call upon all employees to redouble their efforts and to rededicate themselves to achieving the strategic objectives of Telecom Namibia, as this is the only way through which we can ensure that going into the future Telecom Namibia will continue to afford these increases,” he said.
“A core value in the corporate culture of Telecom is our resilient commitment to care for our employees. The quality of life of our employees remains a focal area for this company. There is always a conscious effort to balance employee welfare with business targets even in tougher years as we find ourselves today.”
Andumbaurged all Napwumembers to maintain discipline, commitment to duty, service delivery and productivity, while congratulating the negotiating team for the job well done.