Labour Relations Act, 1995 (Act No. 66 of 1995)

Notices

Bargaining Council for the Building Industry, Cape of Good Hope

Extension to Non-parties of the Main Consolidated Collective Agreement

Chapter Six: Employee Benefit Schemes

30B. Bonus Fund
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(1)An employer shall contribute to the Bonus Fund on behalf of an eligible employee in respect of a maximum of 15 normal days that the employee remains in his employ ("a contribution day"), a daily amount which shall be calculated as follows, from the date of coming into operation of this Agreement to 31 October 2023:

 

Category of Employee

Bonus Fund Contribution per day

Labourer

R16.45

General Worker

R21.40

Tradesman Class 4

R24.05

Tradesman Class 3

R26.53

Tradesman Class 2

R36.17

Drivers / Plant operators Code C1

R28.28

Drivers code A, A1 or B

R21.30

Artisan

R48.43

Security Guard

R25.47

Apprenticeship Year 1

R16.96

Apprenticeship Year 2

R24.87

Apprenticeship Year 3

R38.76

 

(2)For the periods 01 November 2023 to 31 October 2024 and 01 November 2024 to 31 October 2025, the applicable increase for bonus contributions will be calculated once the percentage of the annual increase has been finalised.