Clerical workers employed with Elks Cooperative Credit Union Ltd will, as from January 2013, be working within their first industrial agreement environment.

This development is as a result of satisfactory completion of negotiations between the NWU and the financial institution.

The agreement makes provisions for a new wage structure based on adjustments and comparative data within the financial sector, along with funeral, maternity and paternity, trade union education and sick leave as part of a new regime of fringe benefits.

The parties will meet at the Department of Labour on February 1, 2013 to affix signatures to their first industrial agreement.