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Showing posts with label private sector. Show all posts
Showing posts with label private sector. Show all posts

Wednesday, February 24, 2016

Public Sector Union Members Earn more

PUBLIC sector trade unions were able to secure earnings for their members at a rate 40% higher than nonunionised employees in the private sector with the same skills and other characteristics, says an economic analysis by the Development Policy Research Unit at the University of Cape Town.

Picture: THINKSTOCK
Measures to contain spending on wages are expected to feature prominently in Wednesday’s budget. The public sector wage bill, which has grown dramatically since 2008, has become a major constraint on South Africa’s public finances, consuming 40% of government spending.

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