{"id":11073,"date":"2012-06-04T22:47:53","date_gmt":"2012-06-04T20:47:53","guid":{"rendered":"http:\/\/www.myza.co.za\/06\/update-1-south-africa-municipal-workers-reject-pay-offer\/"},"modified":"2012-06-04T22:47:53","modified_gmt":"2012-06-04T20:47:53","slug":"update-1-south-africa-municipal-workers-reject-pay-offer","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-1-south-africa-municipal-workers-reject-pay-offer\/","title":{"rendered":"UPDATE 1-South Africa municipal workers reject pay offer"},"content":{"rendered":"

\t\t<\/span><\/p>\n

* COSATU-led unions asking for 2 pct above inflation<\/span><\/p>\n

<\/span><\/p>\n

* Above-inflation settlement may swell budget deficit<\/p>\n

(Releads with COSATU-led negotiations)<\/p>\n

<\/span><\/p>\n

By Cosmas Butunyi<\/p>\n

<\/span><\/p>\n

JOHANNESBURG, June 4 (Reuters) – South African public
\nservice workers negotiating annual pay increases have rejected a
\n6.5 percent hike on offer, saying it does not take into account
\nthe “devastating effects” of increasing inflation on wages,
\nunions said on Monday.<\/p>\n

<\/span><\/p>\n

The Congress of South African Trade Unions (COSATU),
\nrepresenting 14 unions with an estimated 1.3 million members, is
\nseeking an 8 percent raise, down from 10 percent initially
\ndemanded.<\/p>\n

<\/span><\/p>\n

The government has lifted its offer from 5.9 percent,
\ncompared with headline inflation at 6.1 percent in April.<\/p>\n

<\/span><\/p>\n

“We don’t think that we will be able to take CPI plus 0.5
\npercent back to our members and convince our members to sign. It
\nhas to be higher,” said Chris Klopper, chairman of the
\nIndependent Labour Caucus, which also represents government
\nworkers.<\/p>\n

<\/span><\/p>\n

In its February budget, the Treasury allowed for a wage
\nincrease of only 5 percent for public servants, adding that a
\nhuge state salary bill was crowding out investment in
\ninfrastructure and other key productive sectors.<\/p>\n

<\/span><\/p>\n

Any settlement above 5 percent is likely to undermine the
\ngovernment’s ability to get the budget deficit in Africa’s
\nbiggest economy down from the current forecast of 4.6 percent of
\nGDP.
\n\u00a0 Continued…<\/strong><\/span><\/p>\n

<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

* COSATU-led unions asking for 2 pct above inflation * Above-inflation settlement may swell budget deficit (Releads with COSATU-led negotiations) By Cosmas Butunyi JOHANNESBURG, June 4 (Reuters) – South African public service workers negotiating annual pay increases have rejected a 6.5 percent hike on offer, saying it does not take into account the “devastating effects” […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-11073","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/11073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=11073"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/11073\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=11073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=11073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=11073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}