PODCAST | Do companies have to pay employee bonuses?

France Nouvelles Nouvelles

PODCAST | Do companies have to pay employee bonuses?
France Dernières Nouvelles,France Actualités

In this edition of the Business Day Spotlight, host, Mudiwa Gavaza focuses on bonus pay — whether employers are compelled to hand over a 13th cheque to staff

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

With year end fast approaching and many organisations likely to pay their employees this week ahead of the festive season, we the ask whether bonuses should be expected?if the payment of a bonus is a guaranteed right — either in terms of the employment contract, an employer’s remuneration or bonus policy, or forms part of an industry-regulated agreement — and is not subject to the employer’s discretion or attached to any performance objectives, then such a bonus would ordinarily be payable.

However, aside from this, no South African legislation obliges employers to pay bonuses to their employees.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

BDliveSA /  🏆 12. in FR
 

No, the name, and the definition of the word, says it all.... It has to be earned, against a clearcut criteria, over and above what can normally be expected. Or, the normal salary can be divided in 13 parts with a double check in Dec.....

Yes

France Dernières Nouvelles, France Actualités



Render Time: 2025-01-15 01:04:36