26 Nov 2022
DiamondWorld Directory
Home |
De Beers offer of 11percent increase, rejected by NUM
Platform open for amicable settlements
By: Diamond World News Service
Aug 1 2008 3:11PM
Reference: 2885  


De Beers met with the National Union of Mineworkers (NUM) in an attempt to settle the 2008 annual wage negotiation. NUM demanded 13.5percent increase and De Beers raised its offer from 10.5 percent to 11percent for 2008. This equates to a new minimum basic salary at the top entry level (B-band) of R8 434, and at the first entry level of employment (A-band), of R4 421. These job bands constitute the traditional bargaining unit represented by NUM.

The company also offers employees benefits such as medical cover, water and electricity allowances, housing assistance, and an attractive incentive bonus scheme which is payable on a quarterly basis, based on exceeding targets at each of the mines.

De Beers has six major mines in South Africa; Venetia in Limpopo Province, Voorspoed in the Free State, Finsch, Namaqualand, and Kimberley Mines in the Northern Cape. The NUM bargains for five of the six land based operations; and in a separate forum for employees in the deep sea mining operation known as the South African Sea Areas (SASA), off the west coast of the Northern Cape.

There are approximately 3,400 employees in the bargaining unit represented by NUM. De Beers is disappointed that NUM believes its purpose might be better served by embarking on industrial action as such action will undoubtedly affect production on mining operations, and therefore affect employees who benefit from the company’s employee incentive scheme.

De Beers believes an amicable resolution is possible and the company is open to continue discussions with the Union.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
*  Name:
*  Mobile:
*  Email:
Subscribe for DiamondWorld weekly Newsletter
Search News by City
Recent Issue
News in Pictures
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 31935
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 9418
GJEPC Chairman Interview
Views: 28055
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 39252
Promo for IJ Awards 2012 at NDTV Profit
Views: 56986
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 68472
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 21819
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 50847
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 53001
DW News App
Member of:
Supporter of: