Most of the striking workers don’t seem to get the maths behind a prolonged strike.
Here is a simple break down of what typically happens:
Employer offers a 7% increase.
Union demands 10%.
They settle on 8.5% after 2 weeks of striking.
The workers were being paid R 8,000.00 per month.
22 days a month works out to R 363.63 per day.
10 working days = R 3,636.30 in lost pay.
The employer offered an increase of R 560.00 (7%)
They settled on R 680.00 (8.5%)
The difference is R120.00
So for the additional R 120.00 per month they lost R 3,636.30.
Divide the R 120 by the loss and you get 30 working days.
On strike for 10 working days and you have to work 3 times longer to make up the loss.
Dumb.
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