Labour Relations Act, 1995 (Act No. 66 of 1995)NoticesBargaining Council for the Furniture Manufacturing IndustryKwaZulu NatalExtension to Non-Parties of the Main Collective AgreementPart 2Annexure C6. Bonus |
| (1) | It is agreed to implement an incentive scheme as follows: |
Year 1 - 1,59% of actual wages
Year 2 - 3,18% of actual wages
Year 3 - 4,77% of actual wages
Year 4 - 6,375% of actual wages
The incentive scheme shall be operated as follows:
| - | Absenteeism will be the only basis and proxy used as a measurement in the incentive scheme; |
| - | Absenteeism will be measured from 1 September of each year to factory closure; |
| - | Employees shall forfeit 1 week's incentive bonus for 1 day of unauthorized absence, limited to 1 week forfeit per month; |
| - | In the event of absence due to illness the employee will not be deemed to be absent in the following cases: |
| o | Inform/his/her supervisor that he/she will be absent for the day due to illness; |
| o | The employee produces a medical certificate on return to work; |
| o | Scheduled clinic visits for chronic conditions must be arranged with HR; |
In line with the practice of the metro area, the 15 working days leave pay and incentive portion to be paid over to the Bargaining Council on a monthly basis, for payment to employees as follows:
Year 1 - 7,715% of actual wages
Year 2 - 9,305% of actual wages
Year 3 - 10,895% of actual wages
Year 4 - 12,50% of actual wages
The forfeited incentive portion shall be refunded to the Employer.
[Part 2 Annexure C(6) substituted by section 5 of Notice No. R. 3666 of GG48959, dated 14 July 2023]