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12
National minimum wage and Earnings Threshold Increased
New Earnings Threshold On 8 February 2022, the Minister of Employment and Labour announced that the “earning threshold” had been increased.
R 18 673.37 Per Month
R 17 633.00 Per Month
On 7 and 8 February 2022, two significant developments took place in the employment law arena. These were.
R
Previously, the earnings threshold
As from 1 March 2022, the new
was R 211 596.30 per year
earnings threshold will be R 224
(approximately R 17 633.00 per
080.48 per year (approximately R
month).appr
18 673.37 per month).
“Earnings” includes the employee’s regular annual remuneration before deductions, but excludes benefits such as subsistence and transport allowances, achievement awards and payments for overtime worked. Employees who earn more than the earnings threshold per annum are excluded from the protection of sections 9, 10, 11, 12, 14, 15, 16, 17(2) and 18(3) of the Basic Conditions of Employment Act, 1997.