RETIREMENT REFORM – UNCERTAINTY ABOUNDS…
The Retirement Funding Industry has been in sixes and sevens over the last few years with the heralding in of significant legislative amendments aimed at leveling the playing field in respect of the tax treatment of retirement fund contributions and the form in which the retirement benefits may be taken. The ultimate goal is the […]
DOMESTIC WORKER MINIMUM WAGE INCREASE FROM 1 DECEMBER 2016
Sectoral Determination 7 that governs the conditions of employment of all Domestic Workers in South Africa has been amended to reflect the increased minimum wage from 1 December 2016. Domestic Workers (including independent contractors and those employed by agencies) includes housekeepers, gardeners, nannies, domestic drivers, etc. The Sectoral Determination regulates and sets minimum wages, working […]
EMPLOYMENT EQUITY REPORTING: MUST I COMPLY…
Section 21 of the Employment Equity Act (55 of 1998) as amended, places a duty on all “designated employers” (i.e. all employers employing more than 50 employees or if less, with total annual turnover greater than the amounts reflected in the Turnover Threshold Table set out in Schedule 4 of the Act and as illustrated […]