UNTU MEMBERS KEEP CALM ABOUT INCENTIVES

UNTU MEMBERS KEEP CALM ABOUT INCENTIVES

UNTU MEMBERS KEEP CALM ABOUT INCENTIVES

The United National Transport Union (UNTU) would like to caution members not to listen to wild rumours that are flung around about the non-payment of the Transnet incentive bonus.

UNTU would like to state categorically that the Transnet Incentive scheme is not part of a collective agreement entered between Organised Labour and the Employer.

Incentive bonuses are the prerogative of the Employer.

Transnet did consult with UNTU, the majority Union in the Company representing 54% of Transnet Bargaining Council employees, about its new incentive scheme; however the Union was not in favour of the proposals for various reasons.

Transnet then unilaterally implemented the new incentive scheme and UNTU members received their first payment in terms of it in November 2017 after Transnet’s financial results were audited by internal auditors.

The second payment in terms of the incentive scheme is due once the results of Transnet’s 2017/2018 financial year have been audited, the audit verifies that the company has exceeded its targets and the financial results are announced by the Chief Group Executive, Siyabonya Gama.
This is what UNTU members are waiting for right now. After UNTU demanded an official response from Transnet, Gama did send out a communication to all Transnet employees on 29 June 2018 stating:

“With regard to rewarding our employees, be assured that a good incentive is on its way to our colleagues. We are in the process of validating and finalising our results for the 2017/2018 financial year. We have to go through our governance processes, with an AGM scheduled for end of July. The incentive will follow immediately thereafter.”

UNTU members the message from your employer is clear. Your Union understands that you are tired of excuses and want the payment to be made. However, be mindful of the saying “don’t count your chickens before they hatch.” Never spend money before it is in your bank account.

The Leadership of the Union appeals to all members to remain calm and patient and to act responsibly, as any irresponsible actions of illegal “downing of tools” strikes will result in members not only forfeiting there bonuses, but may also lead to disciplinary action that could result in dismissal. This will have a devastating effect on our members and their families.

Remember patience is a virtue.

Issued on behalf of UNTU by Sonja Carstens, Media and Liaison Officer. For UNTU Press Statements phone 082 463 6806 or e-mail sonja@untu.co.za

 

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