FNB and BBEU salary negotiations collapse

"Regrettably the bank and union were unable to resolve their differences at this meeting and a deadlock was declared," said Bomolemo Selaledi, FNB Head of Marketing and Communications.  She said they met with the union on December 14, 2010 in order to progress the 2010/11 salary negotiations.  Selaledi was responding to a Mmegi questionnaire on the matter.

The general secretary of the union, Keitshokile Basutli said the talks collapsed because the bank was not willing to negotiate. He said the bank approached the talks in bad faith as it had awarded non-unionised employees a salary increase while it was still involved in the initial negoations with the union.