Fashion

7.5% wage hike for South African clothing industry workers

The agreement was reached under the auspices of the National Bargaining Council for the Clothing Manufacturing Industry of South Africa.Employers were represented by the Apparel and Textile Association of South Africa (ATASA), Eastern Province Clothing Manufacturers Association (EPCMA), South African Apparel Association (SAAA), South African Clothing Manufacturers Association (SACMA) and the Transvaal Clothing Manufacturers Association (TCMA).

While the employees were represented by the Southern African Clothing and Textile Workers’ Union (SACTWU), an affiliate of the Congress of South African Trade Unions (COSATU).The final settlement involves a two-year agreement. The second year wage increase, beginning September 1, 2019, will be the Consumer Price Index (CPI) as at November 2018, plus an additional 1 per cent.In the event of CPI plus 1 per cent resulting in the total labour cost increase being less than the rand value increase for 2018, the adjustment shall be the rand value equivalent of the 2018 total labour cost increase.“This simply means that next year, our members will not receive a lower wage increase than what they will receive this yearคำพูดจาก สล็อตเว็บตรง. Should the CPI plus 1 per cent for the second year exceed this, negotiations will be re-opened,” SACTWU said in a press release.There was also an agreement that the scope of coverage of family responsibility leave will be broadened, and SACTWU members will receive an extra day’s paid annual leave.The wage increase component alone, combined for all the workers, will mean a total cash amount injection of R250m ($17.5 million) into the domestic economy, over the next year. 
คำพูดจาก สล็อตเว็บตรง

Related Posts

Card payments soar in UK stores but retailers are concerned over costs

Lower value payments, traditionally dominated by cash, are driving the shift towards card payments. In fact, the value of retail purchases made by cash has fallen by more…

Facebook, Instagram are hot spots for fake Louis Vuitton, Gucci and Chanel

Its platforms have emerged as hot spots for counterfeit offenders who exploit their range of social and private messaging tools to reach users, according to interviews with academics,…

A third of fashion execs thinks their firms will be fully circular in a few years

Almost one third (32%) rated their strategy for making their business fully circular as “excellent”, with 54% saying their strategy’s “good” and 14% described it as “average”, suggesting…

Generation Tux skips the measuring tape with new eTailor measuring system

 Founded by George Zimmer in 2014, Generation Tux is an online tuxedo and suit rental platform that offers a selection of tuxedo and suit styles and over 200…

Global fashion market to grow 3.9% per year by 2025

According to Kantar, approximately half of this increase will be generated by five major players: Japan’s Fast Retailing, owner of Uniqlo; Spanish company Inditex; H&M, from Sweden; and…

JD Logistics seeks bank pitches for Hong Kong IPO of up to $3 bln, sources say

The logistics business, the offshoot of Chinese e-commerce giant JD.com Inc, would be the latest subsidiary of the parent company to be spun off and listed in Hong…