New earnings threshold to impact South African employers
Main image
South African Rand

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.