The National Minimum Wage Commission is considering an adjustment to the wage in the range from CPI plus 0.5% and CPI plus 1% for 2023. Since this year, domestic workers receive the same minimum wage as other workers.The minimum wage could be hiked by more than 8% next year, according to a new proposal by the Department of Labour's National Minimum Wage Commission.In November, CPI reached 7.4%.
The NMW chair Professor Adriaan van der Walt said the commission aimed to ensure that the value of the national minimum wage does not decline relative to the median wage.
_Business Increase the old age pensions as well
_Business Those who are against it, are definitely earning more. The cost of living is too high, therefore an increase in the minimum wage will ensure that those who earn close to nothing also afford basic needs.
_Business This will kill the jobs market further. Plenty of foreigners willing to work for less! The Commission are really a bunch of useless misfits. Can't they fathom that Labor supply is surplus below the minimum wage. They can raise it 1000% it won't & can't force empoyers to comply!
_Business Increase in minimum wage will only increase unemployment
_Business 8.4% is too little. Should be higher
_Business More unemployment loading
_Business Ah yes great. Let's push for more unemployment...
_Business Which means more unemployment.
_Business Stop increasing National Min wage and start taxing everybody who lives in SA and uses its infrastructure. Time to change SA tax framework and business model. sarstax EdKieswetter
_Business 'An hike'. Mmm. Grammar.
_Business Steep is a horrible way of labeling a cost of living adjustment to minimum wage
_Business Which will increase inflation. And rising unemployment. And increase in grants. And tax increases. And higher inflation. And higher unemployment. And around we go. Where it stops, nobody knows.
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