Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Key Metals agreement is settled

March 29, 2004

Media Release

Key Metals agreement is settled

The key Metals agreement is settled.

EPMU national secretary Andrew Little today said that an offer of a 2.9 per cent pay rise had been ratified by workers in a series of meetings last week.

The Metals and Manufacturing Industries Collective Agreement is the country’s largest private-sector industrial document, representing some 2500 workers at more than 220 companies directly, and many thousands more indirectly. It is recognised as setting the benchmark for wages and conditions across the manufacturing sector.

Bargaining to renew the agreement began on February 24 and broke down two days later, with employers offering a 2.5 per cent pay rise and workers seeking a 3.5 per cent pay rise.

Workers then held a series of site-by-site stopwork meetings, culminating in a mass stopwork in Auckland on March 17.

Mr Little said that the improved offer, made on March 19, better reflected the true rise in the cost of living for workers.

A large majority of workers in the 43 “original party” companies involved in the negotiations had voted to accept the offer, on the union’s recommendation, he said.

Other companies, known as the subsequent parties, would now be signed into the agreement, Mr Little said.

There are no other changes to the agreement.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>


Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news