The National Minimum Wage Commission has published a report on its latest annual review, which began in August 2023. The report includes a proposed adjustment of 0.75% over and above the Consumer Price Index (CPI). This is noting that the prevailing rate for an ordinary hour of work is R25.42. Stakeholders have until 8 January 2024 to submit written representations.
According to the report, ‘approximately 3.8m workers are covered by the minimum wage’ of whom:
In the view of the National Economic Development & Labour Council’s organised business constituency, the adjustment ‘should not be beyond the CPI’.
Published by SA Legal Academy Policy Watch