Codelco has reached an early wage deal with unionized workers at its Andina division, the Chilean copper producer said on Saturday January 27.
The agreement, signed with Andina's two trade unions, includes a 1% pay rise and an end-of-negotiation bonus of 8.2 million Chilean pesos ($13,592) per worker, Codelco said. The state-run miner added that the deal also includes improved benefits and variable incentives conditional to workers reaching productivity targets. The new workers' contract...