Labour Relations Act, 1995 (Act No. 66 of 1995)NoticesBargaining Council for the Building Industry, Cape of Good HopeExtension to Non-parties of the Main Consolidated Collective AgreementChapter Six: Employee Benefit Schemes30A. Holiday Fund |
| (1) | An employer shall contribute to the Holiday Fund on behalf of an eligible employee in respect of each normal working day that the employee remains in his employ ("a contribution day"), an amount which shall be calculated as follows, from the date of coming into operation of this Agreement to 31 October 2023: |
Category of Employee |
Holiday Fund Contribution per day |
Labourer |
R22.08 |
General Worker |
R28.68 |
Tradesman Class 4 |
R30.47 |
Tradesman Class 3 |
R33.60 |
Tradesman Class 2 |
R45.81 |
Drivers / Plant operators Code C1 |
R40.15 |
Drivers code A, A1 or B |
R30.22 |
Artisan |
R61.37 |
Security Guard |
R32.25 |
Apprenticeship Year 1 |
R21.48 |
Apprenticeship Year 2 |
R30.68 |
Apprenticeship Year 3 |
R43.60 |
| (2) | For the period 01 November 2023 to 31 October 2024 the contributions applicable from 01 November 2023 shall be increased by the CPI percentage + 1% (as at the 1st of July 2023 as published by the Statistics South Africa) provided that the minimum increase shall be 5% and the maximum increase be no higher than 7%. |
| (3) | For the period 01 November 2024 to 31 October 2025 the contributions applicable from 01 November 2024 shall be increased by the CPI percentage + 1% (as at the 1st of July 2024 as published by the Statistics South Africa) provided that the minimum increase shall be 5% and the maximum increase be no higher than 7%. |