October 22, 2024

There are two days left for submission of inputs to the National Minimum Wage (NMW) Commission for the adjustments to the national minimum wage for 2022.

 

On 10 September the NMW Commission published in the government gazette a notice inviting all interested parties to submit written representations concerning possible adjustments to the national minimum wage for 2022.

 

The closing date for submission of inputs is 01 October 2021.

 

The NMW Act of 2018 compels the NMW Commission to annually review rates and make recommendations to Employment and Labour Minister on any adjustment of the National Minimum Wage, while also reflecting on alternative views, including those of the public.

 

The minimum wage is the policy instrument specifying the floor level below which no employee should be paid.

 

In considering the annual adjustment, the NMW Commission takes into account the following factors: inflation, the cost of living, and the need to retain the value of the minimum wage; gross domestic product; wage levels and collective bargaining outcomes; productivity; ability of employers to carry on their businesses successfully; the operation of small, medium or micro-enterprises and new enterprises; likely impact of the recommendation adjustment on employment or the creation of employment.

 

Source: Government of South Africa

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