Legal updates and opinions
News / News
Increase in minimum wage for hospitality workers
On 10 June 2016, the Minister of Labour published an amendment to the minimum wage for Sectoral Determination 14 which regulates the Hospitality sector in South Africa. The Amendment became effective on 1 July 2016 and will remain in effect until 30 June 2017.
The amendments are set out below.
MINIMUM WAGE FOR EMPLOYERS WITH 10 OR LESS EMPLOYEES
| 2013 – 2014 | 1 July 2016 – 30 June 2017 | |
| Monthly Rate | R2415.86 | R2959.35 |
| Weekly Rate | R557.55 | R682.97 |
| Hourly Rate | R12.39 | R15.17 |
MINIMUM WAGE FOR EMPLOYERS MORE THAN 10 EMPLOYEES
| 2013 – 2014 | 1 July 2016 – 30 June 2017 | |
| Monthly Rate | R2692.74 | R3298.52 |
| Weekly Rate | R621.45 | R761.25 |
| Hourly Rate | R13.81 | R16.91 |
Click on the link if you’ like to more information on Werksmans expertise in the Labour & Employment sector.
Latest News
A Lifeline for ESG in Investment Funds?
The battle over environmental and social governance principles continues round after round with the latest battle having been won by [...]
CFC Rules and SA Dividends – A Trap for the Unwary
Introduction The controlled foreign company (CFC) rules are contained in section 9D of the Income Tax Act, 1962 (the Act) and [...]
Understanding the Concept of the “Lock-Box”/”Locked Box” Mechanism in the Mergers and Acquisitions Space
"Lock-box" mechanism vs closing date account mechanism Parties to M&A deals usually have a particular price and/or valuation methodology in [...]
A Fiesta of Sports and IP
Over the past month or so, the world has been spoilt for choice with fiesta of sporting events from [...]
What lies ahead with respect to the employment of national Director-Generals amidst the new ministerial appointments?
As we tread new territory with a diverse cabinet, firmly moving into a new dispensation in our public administration, it [...]
Draft Prudential Standard and Proposed Guidance Note on Liquidity Risk Management for Insurers
By Slade van Rooyen, Candidate Attorney, reviewed by Natalie Scott, Director and Head of Sustainability On 28 May 2024, the [...]
