2024 Metal and Engineering Industry (MEIBC) negotiations finalised

2024 Metal and Engineering Industry (MEIBC) negotiations finalised

After only three formal engagements, certain affiliated employer’s organisations have concluded a three-year wage agreement for the period 1 July 2024 to 30 June 2027, with NUMSA.  The affiliated employer’s organisations that were part of the agreement accounts for about 57% of all employees who are employed within the scope of the council, and NUMSA…

Metal and Engineering Bargaining Council (MEIBC) Wage Negotiations progress 

Metal and Engineering Bargaining Council (MEIBC) Wage Negotiations progress 

 8 May 2024 The metal and engineering sector negotiations kicked off between employer and union stakeholders in February this year, when more than 20 employer’s organisations affiliated with this sector met with their union counterparts to negotiate the conditions for the extension of the MEIBC Main Agreement. The parties have, in the last three decades,…

MEIBC Increases in Administration and Dispute Levies

MEIBC Increases in Administration and Dispute Levies

Dear Steel Industry employer The MEIBC Administrative– and Dispute Levies Agreements stipulate that the Levies payable by employers and employees to the MEIBC will increase annually by CPI, as recorded by Stats South Africa, for December of the preceding year. Accordingly, the new administration- and dispute levies, as of 1 April 2024, will be as…

OID Earnings Threshold Raised to Ensure Employee Protection: Minister’s Directive

OID Earnings Threshold Raised to Ensure Employee Protection: Minister’s Directive

In a recent development that affects employers nationwide, the Minister of Employment and Labour has announced a significant adjustment to the OID earnings threshold. According to Government Gazette 50386, published on 27 March 2024, Notice 2390 of 2024 reveals the updated threshold. Effective 1 March 2024, the OID earnings threshold has been raised from R568,959…

New Earnings Threshold from 1 April 2024 – Its Impact on South African Employers

New Earnings Threshold from 1 April 2024 – Its Impact on South African Employers

New Earnings Threshold from 1 April 2024 – Its Impact on South African Employers Following the recent budget speech, the Minister of Employment and Labour has announced a significant increase in the annual earnings threshold, effective from 1 April 2024. This threshold, set in accordance with section 6(3) of the Basic Conditions of Employment Act…

President Cyril Ramaphosa has signed the Employment Equity Amendment Bill into law

President Cyril Ramaphosa has signed the Employment Equity Amendment Bill into law

President Cyril Ramaphosa signed the Employment Equity Amendment Bill into law this week, but some experts believe the new legislation may be unconstitutional and could ultimately harm the country rather than help it. After apartheid segregation created indefensible inequality, the Employment Equity Act (EEA) of 1998 prescribed affirmative action policies for companies that employ more…

Metal and Engineering Industries Bargaining Council (MEIBC) Main Agreement Extended

Metal and Engineering Industries Bargaining Council (MEIBC) Main Agreement Extended

Employment and Labour Minister Thulas Nxesi has on October 7 2022 gazetted the MEIBC Consolidated Main Agreement (‘the Agreement’) to non-parties, thereby making it legally binding on all employers and employees who fall within the steel industry. In addition to the extension of the Agreement, the two agreements regulating administrative and dispute levies, as well as the Plastics…

The Employment Equity Amendment Bill shall prescribe amended sectoral targets

The Employment Equity Amendment Bill shall prescribe amended sectoral targets

The Employment Equity Amendment Bill shall prescribe amended sectoral targets. The Bill (“Bill”) is in its final stage of promulgation as it has been sent to the President for signing. The Bill will amend the Employment Equity Act 55 of 1998 (Act). Department of Employment and Labour (DEL) labour policy and industrial relations acting deputy director-general (DDG) Thembinkosi…