MTN SA has announced that it plans to reduce its permanent and temporary workforce as a result of the decline in the economic environment. Approximately 403 permanent employees may be affected towards the end of March next year, which comprises about 7% of MTN SA’s 4 679 permanent employees. <\/p>\n
MTN SA will also be reducing the number of temporary employees in its service during 2010 although the company has added that will try to limit the number of jobs affected. <\/p>\n
To mitigate the effects of possible job losses, a proper consultative route – firstly to avoid retrenchments and redundancies and secondly to mitigate its adverse effects – will be followed in line with legal requirements says the company. <\/p>\n
Severance of two weeks’ pay for each completed year of service is payable and if retrenchments are inevitable, affected staff will be given time off to seek alternative employment well in advance of working their notice periods. <\/p>\n
Counselling, staff support and assistance will be made available by the Human Resources Department through ICAS, registered with the company for such a purpose. Re-employment agreements will be entered into for a period of six months. <\/p>\n
In addition to the reductions in its workforce, MTN SA has revealed that it expects lower growth due to the negative impact of the global recession on consumer spending and RICA compliance issues.<\/p>\n