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Treasury takes tough stance ahead of public sector wage talks

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Compensation of R599bn pencilled in Treasury’s tough line on pay

The Treasury has set the tone for tough wage negotiations with public sector unions as it outlined budgetary constraints and a commitment to keep spending in check.

In a presentation entitled “Public sector remuneration analysis and forecasting” that Business Day has seen, Treasury official in the budget office Marumo Maake said it was important to align public sector wage increases with budgetary commitments...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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