Broll Namibia, a proud subsidiary of the Ohlthaver & List (O&L) Group, is pleased to announce the successful conclusion of wage negotiations with the Workers Council, resulting in a two-year substantive agreement effective from 1 July 2024 to 30 June 2026. This agreement underscores Broll Namibia’s commitment to achieving the goals set out in its Vision 2029, focusing on sustainable growth and a supportive work environment.
The primary objectives of the negotiations were to enhance financial stability, improve employee satisfaction and strengthen company values. By structuring wage agreements that align with the goal of achieving EBIT targets by 2029, the company ensures the long-term financial health of Broll Namibia as a strategic priority. “This agreement is a testament to our dedication to being recognised as a top global employer, aiming for a Great Place to Work (GPTW) Global Top 10 ranking. Ensuring fair and competitive wages is a critical component of this goal, reflecting our core values of being authentic, caring and passionate,” stated Karen Keys, Managing Director of Broll Namibia.
The new agreement promises improved financial well-being, enhanced job satisfaction and a stronger alignment with the O&L Persona values. This focus on employee welfare is crucial in fostering a motivated and engaged workforce, which is essential for long-term success.
The Worker’s Council is a representative body for the bargaining unit, ensuring employee interests are addressed. The Workers Council provides the same rights and representation as a union in disputes. “The new wage agreement will further enhance employee morale and productivity. This positive work environment will enable us to continue delivering exceptional value to our clients and stakeholders,” stated Magdalena Tjangura, Representative of the Workers Council. “I have been an employee of Broll Namibia for many years and we are proud of the fact that we could yet again secure the wage agreement amicably and to the benefit of all stakeholders.”
The recent acquisition of 100% ownership of Broll Namibia by the O&L Group marks a significant milestone, providing new opportunities for growth and innovation within the property management sector.
We are proud of this milestone and look forward to a prosperous future as a fully integrated part of the O&L Group, driving innovation and excellence in the property management sector,” concluded Keys.
