News Formal

Here is the new ‘earnings threshold’ for South Africa

  • 📰 BusinessTechSA
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 61%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Labour and employment minister Thulas Nxesi has announced a new annual earnings threshold under the Basic Conditions of Employment Act (BCEA), which will have implications for South African employees.

R224,080.48 per yearThe earnings threshold is the ‘dividing line’ where certain provisions of the Labour Relations Act and the Employment Equity Act apply.

Employees earning under this threshold enjoy the full protection of the BCEA, and can, for example, demand overtime pay at a rate of 1.5 times, or legally refuse to do more than the 45 hours of work a week.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 24. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Google details investment plans for South AfricaGoogle has unpacked its plans to assist startups, SMMEs and nonprofits in South Africa, and help the country’s economic recovery process through large-scale investment.
Fonte: BusinessTechSA - 🏆 24. / 61 Consulte Mais informação »