What Is Minimum Wage?
A minimum wage is the lowest remuneration that employers can legally pay their employees the price floor below which employees may not sell their labor.
Most countries had introduced minimum wage legislation by the end of the 20th century.
What Is Minimum Wage In South Africa?
The Department of Employment and Labour has also published the new National Minimum Wage for South Africa.
The minimum wage of R23,19 per hour will increase to R25,42 per hour (an increase of approximately 9,6%), with effect 1 March 2023.
What is the minimum wage per month in South Africa?
59 pa (equivalent to R20 092. 55 per month).
How does minimum wage work in South Africa?
There is no single national minimum wage in South Africa. Minimum wages are set at the sectoral level and area level.
Minimum wages are set for vulnerable sectors; the sectors, which have low union density or where market wages are quite low.
What happens if you get paid under minimum wage in South Africa?
Employers who do not pay the national minimum wage receive penalties in South Africa. This fine is twice the value of the discrepancy between the minimum wage and the employee’s earnings.
For example, if an employee receives R10 less than the minimum wage, the fine will be R20.