Commission recommends new minimum wage threshold
Wages for the covered workers grew about 19% in the second quarter of 2024
19 December 2024 - 11:17
The National Minimum Wage Commission has recommended an inflation plus 1.5% increase for the national minimum wage from March 1, reflecting the requirement to address living costs and ensure fair compensation for workers.
The national minimum wage has been in effect since 2019 when it was pegged at R20 an hour. It has been gradually increased to R27.58. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.