Payroll
Earnings Threshold R 254371,67 per year
The earnings threshold impacts the application of provisions of the Basic Conditions of Employment Act, 1997 (BCEA), the Labour Relations Act, 1995 (LRA) and the Employment Equity Act, 1998 (EEA). In terms of the BCEA, employees earning in excess of the earnings threshold are excluded from the provisions, which regulate ordinary hours of work, overtime,…
Read MoreA definitive guide to UIF for employers
Dear employers, this will tell you everything you need to know about UIF so read carefully. The Unemployment Insurance Fund (UIF) essentially serves as a safety net for employees who are retrenched or unable to work due to maternity leave, for example. Okay, that you already know. Let’s carry on. When do the Unemployment Insurance…
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