The Labour Court recommended that McCarron And Company Limited increase basic pay by 1% and discuss a profit-sharing arrangement with the Services Industrial Professional Technical Union. The recommendation was signed on 30 September 1994. The union had sought a 3% local bargaining increase under the Programme for Economic and Social Progress. It said it would consider the company's profit-sharing plan only alongside a 1% pay rise. McCarron and Company had proposed payments linked to trading thresholds instead of a basic-pay increase, citing competition, fluctuating prices and investment needs. The Court recommended that the parties discuss the effects of the increase on competitiveness and flexibility, as well as employees' contribution to change.
Labour Court recommends 1% pay rise at McCarron and Company
Historic decision · Decision date:
Place: no local area assigned from the source.