Meatco, Nafau sign 10.9% salary increment

Home Business Meatco, Nafau sign 10.9% salary increment

Windhoek

The Meat Corporation of Namibia (Meatco) and Meatco employees – represented by the Namibian Food and Allied Union (NAFAU) – signed the 2016/17 wage agreements on March 23 for the bargaining unit.

This signed agreement confirms that all parties involved are satisfied with the terms and conditions of the negotiation process. The salary increase of 10.9% is distributed between a basic salary increment of N$460 per month and a minimum housing allowance of N$250 for employees below the N$250 margin.

The two parties expressed their appreciation for reaching an agreement in a civil and peaceful manner and that did not lead to any labour unrest.

“I want to highlight the fact that throughout the bargaining process, there was mutual respect between the employees and management. As for the 10.9 % increment received, this is a sign to us that Meatco is constantly striving towards improving the welfare of its employees and for that I am grateful,” NAFAU representative Lister Tawanda said.

The negotiations were signed in the spirit of both the employees’ and the company’s interest.