National Minimum Wage
November 2017 has seen some exciting developments regarding the National Minimum Wage. Cabinet has approved the National Minimum Wage Bill, Basic Conditions of Employment Amendment Bill as well as the Labour Relations Amendment Bill. The Bills have been Gazetted, and open for public comment before being signed off by the President.
The Department of Labour have announced the minimum wages for Farm and Forestry Sector with effect 01 March 2017.
Farm and Forestry Sector Minimum Wages, 1 March 2017
Click here farm_forestrywages2017 to have a look at the new rates.
Deputy president Cyril Ramaphosa has proposed the national minimum wage in South Africa – R3,500 per month, or R20 per hour. This is how it compares to other national minimum wages across the world.
The proposed National Minimum Wage (NMW) was presented to the National Economic Development and Labour Council (NEDLAC) by a panel appointed to advise on the level at which the NMW should be set.
Currently, 47% of all workers earn less than R3 500 per month. Labour and community constituencies at NEDLAC wanted the level to be set between R3 700 and R4 500, an amount the panel concluded would put employers under pressure and lead to job losses.