New Minimum Wage

5 Feb 2025
New Minimum Wage in South Africa: Key Details
 
The South African government has recently announced an increase in the National Minimum Wage (NMW), effective from March 1, 2025. The new minimum wage has been adjusted from R27.58 to R28.79 per hour, marking a 4.4% increase. This adjustment aims to address the rising cost of living.
 
Key Points of the New Minimum Wage
 
  • Increased Rate: The NMW has been increased to R28.79 per hour for all workers, including domestic and farm workers.
 
  • Expanded Public Works Programme: Workers on this program will receive a minimum wage of R15.83 per hour, up from R15.16.
 
Impact on Workers and Employers
 
The increase in the minimum wage is expected to have a significant impact on both workers and employers. For workers, especially those in vulnerable sectors like domestic and farm workers, this increase may cause employers to potentially cut jobs.

This increase comes just before the Budget Speech where an increase in tax rates are expected and the removal of medical aid tax credits.

GET UNLIMITED COMPANIES, EMPLOYEES AND PAYSLIPS NOW FOR FREE

Increase in costs ahead of increase of taxes
Increase in costs ahead of increase of taxes
More Posts
Blog post image
Minimum Requirements of a Payslip

Why Payslips Matter   Payslips are far more than just a piece of paper detailing your pay. They are a record of your hard work and a transparent breakdown of how your earnings are calculated. In South Africa, these documents ensure that employees are well-informed about what they earn and any deductions made—providing a clear, defensible record in case any discrepancies arise. This transparency is central to maintaining trust within the employer–employee relationship and is a legal requirement under the Basic Conditions of Employment Act (BCEA).   The Minimum Requirements of a Payslip   Under the provisions of the BCEA—specifically... read more

May 2, 2025

openHR free payroll and HR
When is the EMP201/PAYE Return Deadline for May 2025?

EMP201/PAYE Return Submission & Payment Deadline for May 2025 The deadline to submit and pay your EMP201/PAYE return for May 2025 is Friday, the 6th of June 2025. Usually, the 7th of each following month, however, if the 7th falls on a weekend or public holiday, the deadline moves to the last business day before the 7th. Late submissions can result in 10% penalties and interest, so it's best to file early. read more

May 29, 2025

Generated for free using openHR™ HR and Payroll