Assessment of the profit sharing schemes

Title: Assessment of the profit sharing schemes
Creator: NUM
Date: 1992
Description: In 1991 and 1992, the NUM accepted basic wage Increases on the gold mines that were far below the annual Inflation rate because of the crisis in the industry. The priority of the union was to preserve employment. But this left the door wide open for rich mines (like Kloof, Elandsrand and Vaal Reefs) to hide behind the low increases that are set in the Chamber negotiations at levels that Freegold, Buffelsfontein and marginal mines can live with. The NUM decided that workers need a way of adding more money onto their wages If the mines can afford to pay more.
Subject: NUM; CheckCat
Format: pdf
Language: English
Type: text
Identifier: http://hdl.handle.net/10962/149616
Archive: Cory Library for Humanitites Research
Provenance: The item is held at the Cory Library for Humanities Research, Rhodes University, on behalf of the Labour Research Service
Extent: 18 pages
Rights: National Union of Mineworkers (NUM)
Rights Holder: National Union of Mineworkers (NUM)
Use/re-use: The materials are made available explicitly for research and educational purposes. Any use of these materials must be cleared with the Labour Research Service.
Publisher: National Union of Mineworkers (NUM)

Position: 12400 (1 views)