09Jul

The following is news flash 2024/14 published by the PAGSA on March 08, 2024 regarding BCEA Earnings Threshold increase

BASIC CONDITIONS OF EMPLOYMENT ACT: EARNINGS THRESHOLD INCREASE

The Minister of Employment and Labour issued Government Gazette Number 50254 on 5 March 2024 to increase the BCEA Earnings threshold from R241 110.59 pa to R254 371.67 pa with effect from 1 April 2024.

Note that the definition of ‘BCEA earnings’ is included in the notice and is only used for the application of this threshold.

The following link can be use to access the Gazette announcing this Earnings Threshold Increase: https://gazettes.africa/akn/za/officialGazette/government-gazette/2024-03-05/50254/eng@2024-03-05

Regards,
Rhona van Taak

DEPARTMENT OF EMPLOYMENT AND LABOUR

NO. 4468 5 March 2024

BASIC CONDITIONS OF EMPLOYMENT ACT NO. 75 OF 1997

DETERMINATION: EARNINGS THRESHOLD

I, Thembelani Waltermade Nxesi, Minister of Employment and Labour, hereby in terms of Section 6 (3) of the Basic Conditions of Employment Act, No. 75 of 1997, (the Act), determine that all employees earning in excess of R254 371.67 (two hundred and fifty-four thousand, and three hundred and seventy-one rand, sixty-seven cents) per annum be excluded from sections 9, 10, 11, 12, 14, 15, 16, 17(2) and 18(3) of this Act with effect from 1 April 2024.

For the purposes of this notice:

“Earnings” means the regular annual remuneration before deductions i.e income tax, pension, medical and similar payments but excluding similar payments(contributions) made by the employer in respect of the employee: provided that subsistence and transport allowances received, achievement awards and payments for overtime worked shall not be regarded as remuneration for the purpose of this notice.

MR TW NXESI, MP
MINISTER OF EMPLOYMENT AND LABOUR
DATE: 27/02/2024