Labour Relations Act, 1995 (Act No. 66 of 1995)

Notices

National Bargaining Council for the Chemical Industry

Petroleum Sector

Substantive Agreement 2025/2028

Chapter 2

4. Salaries
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Subject to periodic wage negotiations, the monthly salary, for the duration of this wage agreement as set out above and for all bargaining unit employees will increase as follows

 

The monthly salary will increase as follows

 

•Year 1

A 5,5% ATB increase as from 1 July 2025

 

•Year 2

A 5,5% ATB increase as from 1 July 2026.

 

A further 0,5% ATB increase on the already awarded increase as from 1 January 2027.

 

•Year 3

An ATB increase for the period 1 July 2027 until 30 June 2028 on a sliding scale as follows

 

➢Should CPI be 5% and below for the period May 2026 until April 2027 then the increase will be that average CPI plus an improvement factor of 1,5%

 

➢Should CPI be between 5,1% and 5,9% for the period May 2026 until April 2027 then the increase will be that average CPI plus an improvement factor of 1,25%.

 

➢Should CPI be between 6% and 6,9% for the period May 2026 until April 2027 then the increase will be that average CPI plus an improvement factor of 1%

 

➢Should CPI be 7% and above for the period May 2026 until April 2027 then the increase will be that average CPI plus an improvement factor of 0,5%.