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Effective Implementation of the Employment Equity Act – 17 July 2024

With the imminent implementation of the Employment Equity Amendment Act, a more aggressive approach to transformation is on the horizon, emphasizing enforcement measures and the introduction of sectoral targets. It is crucial for employers to understand these changes to ensure compliance and avoid potential consequences. The most notable amendments to be...

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Wage Increases 1 July 2024 – Plastic Industry

Employees employed by Plastic Manufacturers falling within the scope of registration of the MEIBC are regulated by the Plastic Industry Main Collective Agreement (PIMCA). All employers in the industry who fall within the scope of this collective agreement are accordingly legally obliged to implement the wages and conditions of employment...

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Increase in MIBFA Pension & Provident Fund Contribution Rates

Please note that the employer contribution rates for the pension and provident funds will increase on 1 July 2024 by 0.2%, meaning that contributions from employers will increase to 8.10%, with the employee contribution remaining at 7.5%.  This is in accordance with the Funds Surplus Apportionment arrangements. EIPF_MIPF firm circular Letter...

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