Do it your way: Gordhan to unions declining SAA retrenchments – TimesLIVE

Do it your way: Gordhan to unions declining SAA retrenchments – TimesLIVE

“The NTM, Satawu, Ausa, Solidarity and SAA non-unionised staff representatives have made a commitment that they would like to sign the VSPs, which can be offered to employees immediately after the creditors vote on the business rescue plan on Tuesday July 14,” said Gordhan.

“They further said that they support the VSPs, which include: one week calculated per year of completed service, one-month notice pay, accumulated leave paid out, a 13th cheque and a top-up of severance packages calculated on a backdated 5.9% wage increase which was agreed to in November last year.”

Having failed to accept the offer, the department told the unions to convene their own bilateral meetings and find a solution to the future of the airline.

“Employees who take up the VSPs will be entitled to reapply for positions in the new restructured company as it grows,” Gordhan told the unions.

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