JOHANNESBURG - Eskom has tabled a revised wage offer to three main unions it's been negotiating with in the second round of salary talks this week.
This follows a 3.5 percent increase the company proposed last year.
The power utility is proposing a 5.5 percent pay increase, to take effect on 1 July. It's the day after the current three-year wage agreement expires.
The offer also includes changes to other benefits, including housing allowances.
However, unions are demanding pay hikes of up to 15 percent, well above South Africa’s inflation rate, which stood at 3.6 percent in December.
Eskom's current three-year wage agreement, reached in 2023 granted non-managerial staff an annual increase of 7 percent.