Labour Relations Act, 1995 (Act No. 66 of 1995)NoticesBargaining Council for the South African Road Passenger (SARPBAC)Extension to Non-Parties of the Main Collective Agreement26. Bonus |
26.1 | Employees who are in the service of their Employer on the first day of December in any calendar year, shall be paid a bonus equivalent to one month's basic wages, provided that such bonus will be calculated pro rata to an Employee's service where the Employee is engaged for a period of less than 12 months immediately preceding the first day of December. |
26.2 | Employees who leave the service of the Employer prior to the 1st of December in any one year, will be paid a pro rata portion of the bonus referred to above provided that the termination of their service is as a result of any one of the following: |
26.2.1 the Employee being declared medically unfit to continue employment; or
26.2.2 the Employee attaining normal retirement age; or
26.2.3 the employment relationship being terminated for operational reasons; or
26.2.4 the death of the Employee.
26.3 | Any Employer seeking exemption from the provisions of this clause as a consequence of financial reasons shall be obliged to follow the exemption procedure detailed in Annexure C. |