Today's Labour News

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nxesiNews24Wire reports that Minister of Employment and Labour Thulas Nxesi told reporters in Parliament on Wednesday that the employment market had taken well to the National Minimum Wage (NMW) since it was signed into law.  

He was speaking ahead of his first budget vote as minister.  President Cyril Ramaphosa signed the NMW Bill into law in November last year.  Nxesi said that, while instances of non-compliance were on record and various employers had asked for exemptions from the wage, those who had flouted the NMW or challenged it at the Commission for Conciliation Mediation and Arbitration were well within the minority.  "Inspections, to date, indicate a high compliance rate with only 7% of employers failing to pay the prescribed rate.  Prophecies that wholesale retrenchments would follow the introduction of the National Minimum Wage have not borne out.  An expected massive spike in CCMA cases has not occurred," said Nxesi.  He also indicated that his budget vote would prioritise employment and job creation, investment in skills development and social justice in the employment market.


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