Here is the new ‘earnings threshold’ for South Africa

📆 9/02/2022 9:19 a. m.
📰 BusinessTechSA

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

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

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.

Escribir Comentario

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

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.
Fuente: BusinessTechSA - 🏆 24. / 61 Leer más »