Posts Tagged ‘Increase’
NEW EARNINGS THRESHOLD AS FROM 1 MAY 2026
All employees who earn more than the earnings threshold are exempted from certain provisions of the BCEA. Earnings means the regular remuneration before any deductions. Earnings excludes any overtime, transport allowances and subsistence allowances The earnings threshold has been increased to R269600,90 per year (R22466,74 per month) with effect from 1 May 2026. This is an increase…
Read MoreNATIONAL MINIMUM WAGE
The national minimum wage (NMW), will increase with effect from 1 March 2025. There will also be an increase of the minimum wage in certain specified sectors. R28,79 per hourThe minimum wage of R27,58 per hour will increase to R28,79 per hour (an increase of approximately 4,4%). The new minimum wage sets a new baseline…
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