overtime

Overtime and the bottom line

For many enterprises, the wage bill represents a significant expense, often the most considerable single monthly expense. The affordability of the expense can be debilitating for many smaller companies. The situation may further be compounded by the need to pay overtime; as many employers know, overtime is a costly exercise. Although overtime should be an [...]

2022-09-09T12:44:03+02:00September 6th, 2022|General|Comments Off on Overtime and the bottom line

Should Employers Renew Overtime Agreements Annually?

The regulation of working hours is contained in Chapter two of the Basic Conditions of Employment Act. In terms of Section 6 of the Act, these regulations do not apply to employees who: earn above the threshold, which is R211 596.30 per annum; senior managerial employees; employees who are sales staff who travel to customers and [...]

2021-10-06T12:24:15+02:00October 6th, 2021|Contracts|Comments Off on Should Employers Renew Overtime Agreements Annually?
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