Labour Relations Act, 1995 (Act No. 66 of 1995)Labour Market and Human Resource Development for Job Creation Social Plan2. Objectives |
Noting that :
| 1) | Growth and job creation are urgent priorities, the social plan approach aims to avoid job losses and employment decline wherever possible. There would nevertheless be instances where large job losses are unavoidable. In such cases the social plan approach will seek to actively manage retrenchments and to ameliorate their effects on individuals and local economies. |
It is agreed that :
| 2) | The social partners accept that the burden of employment decline should not be borne by the affected individuals and regions alone. Rather a social plan approach should be adopted which helps to reintegrate retrenched people into the economy, and which helps to revitalise affected local economies. |
| 3) | The NEDLAC parties support the promotion of policies designed to ameliorate the consequences of employment decline and to manage the process of down-scaling. |