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New earnings threshold to impact South African employers
02/03/2023
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South African Rand
iStock.com/AJ Paulsen
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Chantelle Cloete, Reporter

Companies in South Africa should review their employment contracts after the country’s new annual earning thresholds went into effect on 1 March, significantly increasing the number of workers qualifying for strict labour law protections.

The new threshold, which has risen from R224,080.30 (US$12,319.18) to R241,110.59 (US$13,252.04), could impact the bottom line of companies, labour lawyers tell IEL.