The Department of Employment and Labour has confirmed that it will be formalising a new minimum wage for South Africa in the coming financial year.
Presenting its annual performance plan for 2022/2023 to parliament, the department said the investigation into the new minimum wage should be completed by November 2022, with the updated amounts set to be published by 31 March 2023.
The department most recently updated South Africa’s minimum wage on 1 March 2022, with the amount set at R23.19 for each ordinary hour worked, representing an increase of 6.9% from the minimum wage set in 2021.Unlike in previous years, […]
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