Minimum wage: Over 360 employers want out | Business | M&G

  • 📰 mailandguardian
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 92%

Business News News

Business Business Latest News,Business Business Headlines

Over 360 employers, employing over 42 000 workers, have applied to be exempt from the R20 an hour national minimum wage.

A presentation by the employment and labour department reveals that, out of 367 applications for exemptions to the national minimum wage, 231 were granted, 8 are still being processed, 41 have been deferred because of outstanding documentation and 86 have been refused.

The national minimum wage is R20 an hour for the average worker, R18 an hour for farmworkers, R15 an hour for domestic workers and R11 an hour for expanded public works programme workers. Ramaphosa also said that by the end of September the report from the National Minimum Wage Commission into the impact of the minimum wage on employment, poverty, inequality and wage differentials will be concluded.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Politicians are missing the point and have tendency of shying away from the essence SA business owners are spoilt. DANGER: Profits are not shared amongst those who work it That is why SA is so highly polarised Not now, not in the next 15-20yrs seeing SA as one nation

So they wanna pay R10 pH?

R20 an hour R180 pd, R 900 per week R 3899.70 Ave month. How much do these employers want to pay employees? Slave wage?

This is another of Ramaphosa's wet dreams, at a time of massive unemployment, to come up with this pipedream is to further create more unemployment and dismissals. Please get rid of this fascist government before we are all fuxked.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Zimbabwe leader wants new currency, IMF loan in revival bid | IOL Business ReportZimbabwean President Emmerson Mnangagwa and his finance chief want a new currency by March. busrep So he is selling Zimbabwe busrep Imf is devil 👿 busrep None of the BRICS members - Russia, China, Brazil, India and SAfrica - seem willing to advance him any loan - so what option does he have. The only requirement with IMFloans is that it be spent according to some set guidelines - to prevent corruption and rogues see evil in that.
Source: IOL - 🏆 46. / 51 Read more »