Labour Relations Act, 1995 (Act No. 66 of 1995)

Notices

National Textile Bargaining Council: Extension to Non-parties of the Main Collective Agreement

Part 2

Annexures

Annexure H: Non Woven Textiles Subsector

B. Remuneration

7. Annual Bonus

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7.1Every employer must pay an annual bonus calculated in terms of sub clause 7.2 below, to each employee no later than one week prior to 25th December.

 

7.2The annual bonus is based on 21 (twenty-one) days basic wage rate.

 

7.3The annual bonus is based on a full year of service commencing on 01 November of the preceding year and ending on 31 October in which the annual bonus is paid.

 

7.4if an employee starts employment on or after 01 November, that employee is entitled to a pro-rata amount of the annual bonus for the period worked up to 31 October.

 

7.5Should an employee leave the employ of their employer before 01 November, they will be entitled to receive a pro-rata annual-bonus.

 

[Part 2 Annexure H (B)(7) substituted by Notice No. 1343, GG47302, dated 14 October 2022]