Seifsa

Page 12

Contents Page

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.


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