Today's Labour News

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fedusa thumb medium80 85ANA reports that the Federation of Unions of SA (Fedusa) has welcomed the recommendation by government to extend the youth employment tax incentive (ETI) scheme by another two-year period from 31 December.  

“Fedusa believes that the two-year extension period will afford all social partners the opportunity to critically analyse the outcome and uptake of the scheme which encourages youth employment by both small and large businesses,” Fedusa general secretary Dennis George said in a statement on Friday.  However, Fedusa has expressed its opposition to the proposed introduction of a R20 million cap on the incentive, which it said would by intention only act as an inhibitor and limit the opportunity to absorb and expand the skills base and competitiveness of both employees and businesses.

  • Read this report in full at Business Report
  • Read Fedusa’s press statement in this regard at SA Labour News
  • See too, Does the youth wage subsidy work? on page 4 of City Press Business of 6 October 2016

Get other news reports at the SA Labour News home page