how to calculate the earnings threshold
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2022 Earnings Threshold
What does it mean if an employee earns below or above the earnings threshold? In the latest Employment Relations video, I share the new earnings threshold for the labour legislation of South Africa, as well as what it means to earn above or below the threshold. The earnings threshold from 01 March 2022 is R224…
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How to calculate the Earnings Threshold – Labour Law
What is included and excluded from the amount? The amount is before any deductions such as income tax, UIF, medical aid or pension / provident fund contributions Subsistence allowances and travel allowances are NOT included in the amount Achievement awards or once off performance payments and bonuses are NOT included. Payment for overtime is NOT…