Tag: earnings threshold

In an era marked by rapid change and uncertainty, South Africa’s latest adjustment to the Basic Conditions of Employment Act (BCEA) earnings threshold offers a timely lifeline for businesses under pressure. The minister announced a modest 2.9% increase, which aligns with the November 2024 inflation rate.

The earnings threshold will increase to R254,371.67 with effect from 1 April 2024, entitling employees falling below the threshold to stricter protections in terms of labour legislation.

On 8 February 2021 the Minister of Employment and Labour, Thembelani Waltermade Nxesi, published a Government Gazette providing for the increase of the earnings threshold, as provided for in the Basic Conditions of Employment Act 75 of 1997 (BCEA). The new earnings threshold will be R211,596.30 per annum with effect of 1 March 2021.