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Sugar Industry offers lucrative wage settlement |
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Rana Muzaffar Hameed |
August 29, 2012, 12:51:05 AM |
MBABANE – A wages settlement survey condu-cted by the Federation of Swaziland Employers and Chamber of Commerce (FSE&CC) shows that the sugar sector is one of the best performers when it comes to average wages settlement.
The survey shows that the sugar sector on average would pay 8.3 per cent as wages increment.
This is much higher than parasta-tals who would, on average pay 1.9 per cent.
The sugar industry, according to the survey report is influenced by factors, which include affordability, competitiveness, production and sustainability while parastatals are guided by the inflation rate and the Public Enterprise Unit (PEU). Full story
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