Hello

Your subscription is almost coming to an end. Don’t miss out on the great content on Nation.Africa

Ready to continue your informative journey with us?

Hello

Your premium access has ended, but the best of Nation.Africa is still within reach. Renew now to unlock exclusive stories and in-depth features.

Reclaim your full access. Click below to renew.

Puma net minimum wage to be Sh1 million

Puma Energy Tanzania general Philippe Corsaletti (left) and Tanzania Union of Industrial and Commercial Workers leader Jonathan Peres sign a collective bargaining agreement in Dar es Salaam yesterday. Witnessing the event is the minister of State in the Prime Minister’s Office (Policy, Parliament, Work, Youth, Employment and Disabled), Ms Jenista Mhagama. PHOTO|OMAR FUNGO

What you need to know:

Currently, Puma Energy-Tanzania has 139 permanent employees and 500 part-time workers.

Dar es Salaam. Workers at the Puma Energy oil company in Tanzania will be paid a minimum of Sh1 million starting from next year. The workers will also have life insurance cover paid for them, as well as be provided with school assistance for their offspring ranging from Sh900,000 to Sh1.5 million annually.

Currently, Puma Energy-Tanzania has 139 permanent employees and 500 part-time workers.

The foregoing comes in the wake of a signing a Collective Bargaining Agreement (CBA) between Puma Energy’s Union of Workers and their employer.

The CBA also requires that the employees work to the highest standards of House Safety and Environment – and comply with the international standards of safety.

The signing was witnessed by the minister of State in the Prime Minister’s Office (Policy, Parliament, Work, Youth, Employment and Disabled), Ms Jenista Mhagama.

Noting that “employees are the heart of the business,” the company’s general manager, Phillipe Corsaletti, took the opportunity to express appreciation for the hard work on the part of the employers in seeking to improve the company’s performance.

Mr Corsaletti also revealed that Puma Energy-Tanzania had improved employee relations through transparency – and that it routinely complies with the country’s labour laws and regulations at all times.

Currently, Puma Energy-Tanzania is the only oil company in the country that boasts ISO 9001-2008 & ISO 14001-2004 Certification, Mr Corsaletti said explaining that “the goal is to ensure that the conditions of employment for our workers are up to the highest standards possible.”

According to the GM, the company spends around Sh200 million annually on workers’ training and development – stressing that “Puma is committed to building skills and creating opportunities for young people.” In addition to the Workers Compensation Fund and the company’s medical scheme, Puma employees also have life insurance paid for them designed to assist an employee’s dependents in case of the employee’s death.

Puma-Energy has also improved an employee’s retirement package over and above the statutory requirement in Tanzania – and include such perks as farewell benefits, retirement gratuity and leave allowance which is the equivalence of one month’s salary, or Sh1.5 million.