Labour Relations Act, 1995 (Act No. 66 of 1995)NoticesNational Textile Bargaining Council: Extension to Non-parties of the Main Collective AgreementPart 2AnnexuresAnnexure H: Non Woven Textiles SubsectorB. Remuneration7. Annual Bonus |
7.1 | Every 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. |
7.2 | The annual bonus is based on 21 (twenty-one) days basic wage rate. |
7.3 | The 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. |
7.4 | if 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. |
7.5 | Should 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]