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 J: Worsted Section

B. Remuneration

7. Annual Bonus
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7.1 VERTICALS
(a) Every employer shall pay an amount of R1035.84 in addition to the annual bonus equal to two (2) weeks wages, calculated on the actual basic hourly rate.
(b) A pro-rata bonus payment of R1035.84 will be payable to all employees who leave the service of the company before December each year when the bonus is due to be paid.

 

7.2 SPINNERS
(a) Every employer shall pay an annual bonus equal to two (2) weeks wages, calculated on the actual basic hourly rate.

 

7.3 The annual bonus shall be payable in December of each year.

 

7.4 Temporary employees in the employ of the Company as at December of each year shall be entitled to a pro -rata bonus for all periods of employment during that year.