Today's Labour News

newsThis news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.

earningsBusinessLive reports that labour services group Workforce Holding said on Tuesday that the recent increase in the national minimum wage (NMW) was having an effect on some of its clients.  

SA’s national minimum wage increased by 3.8% from the beginning of March, which the group said has clearly affected some of its clients.  CEO Ronny Katz said the group welcomed the NMW legislation, believing that, in the longer term, it would improve the stability of labour in SA and provide fairer and more sustainable wage structures.  “Minimum wage legislation was introduced in 2019 and we actively engaged with our clients at the time to assist with any implications and opportunities arising from this,” Katz indicated.  Workforce also reported an “ever-increasing unemployment rate”, poor consumer sentiment, and a faltering economy.

  • Read the full original of the report in the above regard by Karl Gernetzky at BusinessLive


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