Cabinet approves minimum wage bill

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https://www.fin24.com/Economy/cabinet-approves-minimum-wage-bill-20171102

Cape Town - Cabinet approved the National Minimum Wage Bill during its fortnightly meeting on November 1. The draft legislation will now be referred to Parliament for further deliberation, after which President Jacob Zuma will be required to officially sign it into law.

In February this year representatives of government, business, the community sector and two of the three labour federations represented at the National Economic Development and Labour Council (Nedlac) signed the national minimum wage agreement. According to this, workers will receive a minimum of R20 per hour which translates into a monthly wage of about R3 500 for a 40-hour week, and about R3 900 for those who work 45 hours a week.

The minimum wage agreement was overseen by Deputy President Cyril Ramaphosa.

In addition to the National Minimum Wage Bill, Cabinet also approved the Basic Conditions of Employment Amendment Bill and a Labour Relations Amendment Bill. The three pieces of draft legislation will be published in the Government Gazette on Friday November 10.

Cabinet said in a statement that the National Minimum Wage Bill is due to come into effect on May 1 2018. There are a few exceptions to the national minimum wage:

the minimum wage for farm workers will be 90% of R20 per hour (R18 per hour);
the minimum wage for domestic workers will be 75% of R20 per hour (R15 per hour); and
the minimum wage for workers on an expanded public works programme is R11 per hour.
"The Nedlac social partners have agreed that the farm, forestry and domestic sectors will be brought up to 100% of the national minimum wage within two years pending research by the National Minimum Wage Commission," Cabinet said.

Laws to resolve violent strikes

Proposed amendments to the Labour Relations Act aim to strengthen collective bargaining and introduce an advisory arbitration measure to resolve strikes that are intractable, violent or may cause a local or national crisis.

The Labour Relations Act amendments will be accompanied by a Code of Good Practice on Collective Bargaining, Industrial Action and Picketing.

The code is intended to provide practical guidance on collective bargaining, the resolution of disputes of mutual interest and the resort to industrial action.

Cabinet noted that Nedlac social partners have reached agreement on an Accord on Collective Bargaining and Industrial Action. In this, all social partners commit to take the steps needed to prevent violence, intimidation and damage to property and to improve capacity to resolve disputes peacefully and expeditiously.

"All trade unions and employers will be encouraged to sign the Accord on Collective Bargaining and Industrial Action."
 
the minimum wage for farm workers will be 90% of R20 per hour (R18 per hour);
the minimum wage for domestic workers will be 75% of R20 per hour (R15 per hour); and
the minimum wage for workers on an expanded public works programme is R11 per hour.

:crylaugh::crylaugh::crylaugh:

That's one way to do it.
 
If I was the ANC, I would first have focused on correcting the economy before looking at setting minimum wages. This will not help the unemployment rate and a lot more people will soon find themselves working on a temporary basis, if not left unemployed in total.
 
If I was the ANC, I would first have focused on correcting the economy before looking at setting minimum wages. This will not help the unemployment rate and a lot more people will soon find themselves working on a temporary basis, if not left unemployed in total.

captian obvious :p
 
Hyperbole being employed. Minimum wage is however only in countries with increasingly socialist tendencies.
Interesting, US has had minimum wage for how many years (I remember it back in high school with my first job) and I don't see the US with increasing socialist tendencies.
 
Interesting, US has had minimum wage for how many years (I remember it back in high school with my first job) and I don't see the US with increasing socialist tendencies.

Centralized health care? food stamps? minimum wage? ... none of those ringing alarm bells? they're ALL constructs copied from socialism.
 
Minimum wage works perfectly in a country where the economy is strong, businesses soaring and the majority of the population is employed with a reasonable income. It is a disaster in a country where most businesses are either scaling down, leaving the country or closing down in total, where the economy is on the brink of a collapse and where unemployment is an increasing figure.
 
No alarm bells as I see them all a good thing if managed properly
therein lies the problem, when a government is doing the management there's no way in hell it will ever be done "properly"

funnily enough socialist countries also tend to see all these things as good things until they run out of other people's money to piss away ... see Venezuela for reference
 
No alarm bells as I see them all a good thing if managed properly

Management no longer plays a role. There will simply not be enough money for them. With more and more international investments flowing out of the country, an increase tax revenue gap, a weakening economy and higher unemployment rate, the government will soon enough realize that none of this will work and these plans will collapse.
 
therein lies the problem, when a government is doing the management there's no way in hell it will ever be done "properly"

funnily enough socialist countries also tend to see all these things as good things until they run out of other people's money to piss away ... see Venezuela for reference

Management no longer plays a role. There will simply not be enough money for them. With more and more international investments flowing out of the country, an increase tax revenue gap, a weakening economy and higher unemployment rate, the government will soon enough realize that none of this will work and these plans will collapse.
So how is Norway getting it right?
 
So how is Norway getting it right?
An oil rich nation with income tax rate over 60%? Norway is socialist as hell btw, they just haven't run out of other people's money yet ...

Then you also get the typical arguments of them being a small homogeneous group that simply can't be copied anywhere else and even if you believe they are "getting it right" you have to accept that no-one else can.
 
I was worried about this until I did the numbers and found out I have been paying at the new minimum wage rate all along.
 
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