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 C: Municipal Area of Mandini also referred as Isithebe6. Bonus |
| (1) | It is agreed to implement an incentive scheme as follows: |
1 July 2023 - 30 June 2024 : 1,59% of actual wages
1 July 2024 - 30 June 2025 : 3,18% of actual wages
1 July 2025 - 30 June 2026 : 4,77% of actual wages (for non parties with effect from 1 July 2025 as per Notice R.3666 of 14 July 2023 under Government gazette 48959.)
1 July 2026 - 30 June 2027 : 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; |
The incentive bonus shall be paid directly to employees at year end.